Скачать или смотреть What Is the Difference Between an Executor vs an Administrator by Seth Schlessel

What Is the Difference Between an Executor vs an Administrator by Seth Schlessel

Are you ready to navigate the intricate world of estate planning and probate? Look no further! Welcome to our YouTube channel, where we delve into the essential aspects of estate management, guided by the finest legal minds in Long Island.

Schlessel Law PLLC
34 Willis Ave Suite 300, Mineola, NY 11501, United States
(516) 574-9630
https://www.schlessellaw.com/what-is-...

https://www.google.com/maps/place/Sch...

Meet Seth Schlessel, a renowned Long Island estate planning lawyer, and the driving force behind Schlessel Law, PLLC. With a wealth of experience, Seth has earned a reputation as the go-to authority for all matters related to estate planning, probate, and administration.

Are you curious about the differences between an Executor and an Administrator? You've come to the right place. In this video, we'll break down these roles step by step. The Surrogate’s Court, the pivotal institution in the probate process, holds the key to appointing these fiduciaries. Learn how the court assigns Administrators when a Will is absent or fails to name an Executor. Discover the significance of a Kinship Affidavit, a document that unravels the intricate tapestry of kinship, and how it plays a role in the appointment of Administrators. Even the Public Administrator comes into play when next of kin cannot be established or distant relatives are involved.

As we journey through the New York probate court system, you'll grasp how Executors and Administrators are entrusted with safeguarding the estate's interests. We'll unveil the rigorous standards they must meet, such as age, mental capacity, and criminal record checks. Learn how a potential Executor's qualification can be contested, as the court scrutinizes factors like honesty, financial management, and language proficiency.

Beneficiaries, the rightful heirs of an estate, also hold significant sway in the probate process. They have the power to file complaints if they suspect a fiduciary is straying from the estate's best interests. We'll unravel how this dynamic interaction between beneficiaries and fiduciaries unfolds, shedding light on the court's role in ensuring justice prevails.

Step into the shoes of an Executor or Administrator with our insights into their arduous duties. From creating meticulous inventories to appraising the estate's assets, from managing debts and taxes to validating creditors' claims, our video is your comprehensive guide. Find out how fiduciaries are tasked with distributing properties in line with the decedent's Will or New York's intestacy laws. Seth Schlessel, the seasoned Long Island probate attorney, imparts invaluable advice on how to handle these multifaceted responsibilities.

But what if you're considering becoming an Executor or Administrator? Rest assured, we have you covered. Unearth the benefits of engaging a Long Island probate attorney like Seth Schlessel, who possesses an unshakable command over probate intricacies. Explore how these skilled legal professionals can assist you in collecting the vital documents required for effective estate management.

Estate fiduciaries, brace yourselves for the spotlight! Our video reveals the intense scrutiny you may face and the potential challenges from beneficiaries seeking justice. Dive deep into the Executor's role, steering the estate as per the decedent's Will, and contrast it with the Administrator's task of adhering to New York's intestacy laws. Learn how both can rely on top-rated Long Island probate attorneys for guidance.

Embark on an educational odyssey through estate planning, probate, and administration. Whether you're a potential Executor, an aspiring Administrator, a beneficiary, or just someone intrigued by the legal intricacies, our video promises enlightenment and empowerment. Subscribe now and tap into the wisdom of Seth Schlessel and Schlessel Law, PLLC. Elevate your understanding, secure your future, and navigate the labyrinth of estate management with confidence.

For personalized advice and a free consultation, contact Schlessel Law, PLLC at (516) 574-9630. Your journey to effective estate planning starts here!

Is an administrator and executor the same?
What is an administrator of an estate in New York?
How much does an administrator of an estate get paid in New York?
Who can be an administrator in NY?