Mr. Goodwin is everything you want in an attorney: professional, honest, thorough, and genuinely caring. He always explains things clearly, so I understood exactly what was happening and what to expect next. His attention to detail and persistence really stood out. Looking back, I feel lucky to have found him. He guided me through the whole process expertly, and I deeply appreciate all his hard work. Would definitely recommend him to anyone needing legal help.
Under the New York Surrogate’s Court Procedures Act (SCPA), executor commissions are calculated based upon a percentage of the total value of a New York decedent’s estate, less any bequests such as real or personal property that the testator may have left to a named beneficiary under the testator’s will. In other words, if at the time of death of a New York decedent, the decedent owned property in the decedent’s sole name and left provisions in a will to bequeath the property to a named beneficiary, the market value of that real estate or personal property would be excluded from the total value of the decedent’s estate for the purpose of calculating executor’s commissions. However, the transfer of title to the beneficiary or the sale of the property may still be subject to Court approval.
If you wish to speak to a New York estate attorney, call the Law Offices of Albert Goodwin at
(212) 233-1233.
About the Author
Albert Goodwin Esq. is a licenced New York attorney with over 17 years of courtroom experience. His extensive knowledge and expertise make him well-qualified to write authoritative articles on a wide range of legal topics. He can be reached at 212-233-1233 or [email protected].
