New Executor Nomination Form Explicitly Requests Criminal History

estate administration lawyer Long IslandWhile a testator has the ability to name anyone as his or executor, there are certain grounds for disqualification. According to the Surrogate’s Court Procedure Act § 707, a nominated executor is ineligible if he or she is: Continue reading “New Executor Nomination Form Explicitly Requests Criminal History”

Executor’s Compensation Can Be Previously Decided Upon

Long Island estate planning lawyerAn executor of an estate is the person named to act on behalf of the decedent.  An executor has a fiduciary duty to ensure that the decedent’s wishes for the disposition of property and assets are carried out accordingly. In addition, the executor is responsible for the administrative process of an estate, including paying taxes and creditors. He or she must perform the following duties and responsibilities, among others: Continue reading “Executor’s Compensation Can Be Previously Decided Upon”