New York | Wills and Trusts
1/25/04, 11:06 pm
Legal Question
intestate-surving spouse but legal separation agreement
A cousin domiciled in New York died intestate. He and his wife intended to divorce but NY law requires one year. They entered into a property settlement where he paid her $45,000 and she agreed to have no claim on his property even upon death. He has life insurance with no stated beneficiary, house titled in his name only, mutual funds titled in his name only.
The cousin has no children but surviving parent and siblings.
Does the surviving spouse have rights notwithstanding the prperty settlement she signed and was paid thereon? Or will the parent and siblings inherit everything through probate process?
What is the next step
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