In New York, creditors have a maximum of seven months to file claims against an estate. If you have questions related to this aspect of estate administration, Jules Haas is a seasoned New York City estate litigation attorney who may be able to assist you.
If you have been named as a beneficiary in a will, it is important to recognize how long you have to declare your inheritance. Generally speaking, the time limit for a person or family member to claim an inheritance in New York State is two years from the date of the decedent's death.
Once a creditor becomes aware of a decedent's death, they must send a written notice of claim. The claim should set forth the amount owed and the particular facts out of which the claim arises.
How to Submit a Claim A copy of the death certificate. Proof of Address or Ownership connecting the owner to the address or funds. Letters of Authority (Testamentary/Administration) issued by the court certifying your appointment, dated within the last six months, or a Small Estates Affidavit and Table of Heirs.
A New York Estate is Not a Legal Entity and Cannot Be Sued. After the death of an individual, the usual course is to proceed to have a fiduciary appointed to represent the decedent's estate.
New York state law does not have a specific time limit for settling an estate.
If you have no legitimate or living residual beneficiary, state law applies. When a will has residual benefits and no heir to claim them or if the residual beneficiary themselves has died, typically states distribute the property under their intestacy laws.