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The Uniform Simultaneous Death Act is a uniform act enacted in some U.S. states to alleviate the problem of simultaneous death in determining inheritance.. The Act specifies that, if two or more people die within 120 hours of one another, and no will or other document provides for this situation explicitly, each is considered to have predeceased the others.
New York's estates, powers and trusts law specifically states: A condition, designed to prevent a disposition from taking effect in case the will is contested by the beneficiary, is operative despite the presence or absence of probable cause for such contest, subject to [exceptions] —
There is a Surrogate's Court in each county in the state. [1] The judges of this court are styled the "Surrogate of [X] County". [2] The surrogate is elected countywide, and is required to be a resident of the pertaining county. Each of New York's 62 counties has one surrogate, except New York County and Kings County which have two
New York uses a system called "continuous codification" whereby each session law clearly identifies the law and section of the Consolidated Laws affected by its passage. [ 3 ] [ 4 ] Unlike civil law codes , the Consolidated Laws are systematic but neither comprehensive nor preemptive, and reference to other laws and case law is often necessary ...
Primary beneficiaries: The primary beneficiary is the person who receives the death benefit when you pass. There can be more than one primary beneficiary, with each person receiving a specific ...
The modern view is that where a beneficiary was intended to inherit part of the residuary estate who predeceases the testator, and that beneficiary is not covered by the anti-lapse statute, then that beneficiary's inheritance will return to the residuary estate, to be inherited by the other beneficiaries to whom the residue has been willed.
Community property state vs. equitable distribution state. States like New York and Iowa are equitable distribution states with the intent of splitting assets and debts acquired during a marriage ...
Laws of the State of New York are the session laws of the New York State Legislature published as an annual periodical, i.e., "chapter laws", bills that become law (bearing the governor's signature or just certifications of passage) which have been assigned a chapter number in the office of the legislative secretary to the governor, and printed in chronological order (by chapter number).
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