Types of Guardianships
Guardians are appointed by courts to aid a person with their financial needs. The most common types of guardians and the ones you’ve probably heard about are guardians of minors. The minor they are aiding…
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New York Estate Executor Restrictions
When a deceased person dies with a will, an executor is appointed to manage their estate. They have to faithfully perform their duties and work for the interests of the estate and its beneficiaries. But…
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A Guardian’s Requirements in New York Surrogate’s Court
When someone is found to be incapacitated or unable to make key decisions for themselves, the New York Surrogate’s Court may appoint that person a guardian. What does the court require you to do to…
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Executors in New York Surrogate’s Court May Need Surety Bonds
In New York Surrogate’s Court, it’s not uncommon for boilerplate language to be written into a will that waives the requirement for an Executor to have to purchase an estate surety bond to protect the…
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New York Guardianship Fiduciary Bonds
In New York, a guardian may have to purchase a court ordered guardianship fiduciary bond to protect the person who needs a guardian, not the guardian him or herself. This bond ensures that the ward…
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New York Administration Proceedings: What You Need to Know
In the case of someone in New York dying without a will, or intestate, many considerations are deliberated in connection with the appointment of an administrator for the deceased’s estate. Factors such as next of…
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New York Surrogate’s Court Bonds: What You Need to Know
Executors and Administrators in New York Surrogate’s Court are often required to post an estate surety bond in order to be appointed as a fiduciary. Whether a bond is required is usually within the judge’s…
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