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In the Matter of the Estate

In the Matter of the Estate 2025

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The document is an opinion and order from the New York Supreme Court, Appellate Division regarding the estate of Catherine K. Corcoran. The case involves an appeal by Eugene P. Corcoran challenging a Surrogate's Court decision that dismissed his petition against his sister Kathleen C. Delaney, who was appointed executor of their mother's estate. The court examined issues related to joint accounts established by the decedent and whether they were intended to create joint tenancy with rights of survivorship or were merely for convenience. The court found errors in the Surrogate's Court's ruling concerning two specific accounts and ordered a new hearing on those matters.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the decedent's full name at the top of the form. Ensure accuracy as this is crucial for legal documentation.
In the section regarding heirs, list all surviving children and their relationship to the decedent. This helps clarify inheritance rights.
Fill out details about any joint accounts, specifying account types and institutions. Use our platform’s text fields to provide clear information.
Review each section carefully, ensuring that all necessary signatures are included. Utilize our editor’s commenting feature for notes or reminders.

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What does it mean when something is part of an estate?

In general terms, an individuals estate is the total of all their assets, less all their liabilities. For inheritance tax (IHT) purposes, an individuals estate is the aggregate of all the assets to which they are beneficially entitled, less all their liabilities.

What does it mean to have an estate?

In common law, an estate is a living or deceased persons net worth. It is the sum of a persons assets, meaning their the legal rights, interests, and entitlements to property of any kind, minus all their liabilities at a given time.

What is the meaning of my estate?

All of the property legally owned by the deceased person is called the persons estate. If you need to go to court, this is commonly called going through probate. A persons estate may need to go through probate even if they had a will. If you find an original will, you must deliver it to the court. Learn more.

What qualifies something as an estate?

However, in the financial and legal sense of the term, an estate refers to everything of value that an individual ownsreal estate, art collections, antique items, investments, insurance, and any other assets and entitlementsand is also used as an overarching way to refer to a persons net worth.

What is in your estate?

Everything owned by a person who has died is known as their estate. The estate may be made up of: money, both cash and money in a bank or building society account. money owed to the person who has died.

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How long after someone dies does the estate?

That being said, it is never a good idea to delay the inevitable. California Probate Code section 8001 specifies that the executor has 30 days after the decedents date of death and after learning they are the nominated executor to petition the court for administration of the estate.

What does it mean if a property is part of an estate?

For example, the property that a person leaves behind when they die is called the decedents estate. Decedent: the person who died. Estate: the property the person owned when they died. Intestate succession: the laws that say who inherits something if the person did not have a will or trust.

Does an estate override a will?

How Does a Life Estate Interact with a Will? Once you create a life estate, it typically overrides anything in your will about that same property. That means you usually cant leave the property to someone else in your will if youve already given away future ownership through a life estate.

In the Matter of the Estate 2025

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