Legal Question in Wills and Trusts in New York

When the executor of an estate receives money for a third party mentioned in a will, what is the time limit for that executor to give the money to the third party.


Asked on 5/22/12, 7:57 am

1 Answer from Attorneys
Walter LeVine Walter D. LeVine, Esq.

It depends what still needs to be done regarding the estate. There is no set time period for making a distribution, but a "reasonable" amount of time is the usual limit. Things like taxes, liquidation of assets, debt payments, can all back up making a distribution.

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Answered on 5/22/12, 11:45 am


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