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Fiduciary Access to Digital Assets
On September 29, 2016, Governor Cuomo signed into law a new statute amending the New York Estates Powers and Trusts Law in relation to the administration of digital assets.
Read moreWhat it means to be an Executor
This blog answers questions we frequently are asked by persons named as Executor in a decedent’s Last Will and Testament. The decedent’s Will appoints me as executor. What’s next? Is my appointment automatic? No. You will be appointed executor by the Surrogate Court after the Will has been accepted for probate. The Court will issue…
Read moreIncome Taxes and the Estate Executor
It often comes as a surprise to an estate executor that they may have the obligation to file two income tax returns for the estate in the year following death. The executor has the responsibility to file and pay the deceased person’s final income tax return and any unfiled returns. Also the Executor may have…
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