On Demand Audio

Administering Real Property in a Decedent’s Estate in New York

(58 reviews)

Produced on July 28, 2020

Taught by
$ 89 Real Estate and Wills, Trusts, & Estates In Stock
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Course Information

Time 75 minutes
Difficulty Intermediate

Course Description

The passing of title to real property and cooperative shares in New York by a decedent to a beneficiary requires a careful analysis by the attorney advising executors, administrators, trustees, and beneficiaries. Title to real property, and shares in a cooperative corporation, can pass in a multitude of ways. Depending on how property is titled, the right of a fiduciary to administer real property can range from extremely broad (passing to the residuary estate in a will), to limited (a specific devise in a will of real property that needs to be sold to pay estate debts), to non-existent (property titled as joint tenants with rights of survivorship).

Presented by Daniel J. Reiter, Esq., this program will benefit trusts and estates attorneys and real estate attorneys in New York State.



Learning Objectives:

  1. Differentiate how New York law treats real estate and shares in a cooperative corporation
  2. Discuss how property passes outside of probate via life estates, joint tenancy with rights of survivorship, and tenancy by the entirety, and differentiate these titles from tenants in common
  3. Explore the laws of automatic vesting of real property via a specific devise in a will or intestacy
  4. Review the powers of the executor or administrator depending on how property is titled
  5. Analyze the Surrogate’s Court Procedure Act, article 19
  6. Identify special rules relating to executors’ and administrators’ deeds
  7. Deal with title companies
  8. Administer property in a lifetime trust

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Daniel Reiter

Law Firm of Daniel J. Reiter, Esq.

Daniel J. Reiter is an attorney in New York City. Mr. Reiter focuses in the areas of estate and trust litigation and adult guardianship. He also routinely practices in the areas of real estate and estate administration, estate planning, elder law, special needs law, and civil litigation and dispute resolution. He is admitted to practice law in New York and New Jersey.

Prior to establishing his own practice, Mr. Reiter worked as an associate for a distinguished century-old Staten Island law firm, where he handled a variety of matters in Surrogate’s Court, including will contests, turnover proceedings, contested accounting proceedings, and creditors’ claims against estates. During law school, Mr. Reiter interned in Richmond County Surrogate’s Court, where he played a leading role in drafting a judicial decision regarding a guardianship dispute.

Prior to his career as an attorney, Mr. Reiter worked as a political reporter for Politicker.com, providing political coverage from the floors of the 2008 Republican and Democratic National Conventions. Following his departure, he was lauded as an “omnipresent” reporter by the Baltimore Sun.

Mr. Reiter, a South Florida native, currently lives in Manhattan, New York.

Bar Admissions:

State of New York

State of New Jersey

United States District Court for the Eastern District of New York

United States District Court for the Southern District of New York

United States District Court for the District of New Jersey

United States Court of International Trade




Reviews

PP
Peter P.

good

DL
Daniel L.

Well done

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