Will - Intestacy Rules Flashcards
What is the body of law governing NY wills?
Estates Powers and Trust Law (EPTL)
What is a residuary?
The balance of the decedent’s estate after all claims, taxes and particular bequests have been distributed i..e. The “rest” of the estate
When do the the rules of intestacy apply under the EPTL?
They apply when… 1) Decedent left no will OR did not properly execute it; 2) The Will does not make a COMPLETE distribution of the estate (b/c of poor drafting), resulting in partial intestacy; OR 3) A distributee successfully challenges the Will, and the Will is DENIED probate
What is the order of priority for appointment as adminsitrator (in intestacy)?
Administrator will distribute property in this order… 1. Surviving SPOUSE; 2. CHILDREN; 3. GRANDCHILDREN; 4. FATHER or MOTHER; 5. BROTHER or SISTER; 6. Any other DISTRIBUTEES
What is the rule when a decedent is survived by a spouse and NO children?
The surviving spouse takes the WHOLE estate
What is the rule when the decedent is ONLY survived by his children?
If NO child has predeceased the decedent, the estate passes to the children in EQUAL shares
What is the rule when a decedent is survived by a spouse AND children (his issue)?
1) The surviving spouse: takes $50k + 1/2 of the RESIDUARY 2) The issue (from ALL marriages, if applicable): takes the left over residuary divided EQUALLY, UNLESS the estate is worth issue would then take NOTHING (i.e. everything goes to surviving spouse)
What is the rule when the decedent is survived by his children AND issue of PREDECEASED children?
The estate passes to(i)the LIVING children;AND(ii) the issue of the deceased children “by representation” (i.e. Per Capita Distribution)
How does property pass “by representation” (or per capita distribution)?
This is the DEFAULT distribution in NY for BOTH intestacy AND will ———– STEP 1: The property is divided into AS MANY SHARES as there are issue (dead or alive) at the first generation level WHERE THERE ARE survivors STEP 2: All LIVING issue at the FIRST generational level take one share EACH STEP 3: The shares of the DECEASED issue (only) at the FIRST generational level are COMBINED and divided EQUALLY among THEIR issue at the NEXT generational level NOTE: the issue of the children who TOOK a share DO NOT get a distribution at this 2d level NOTE: SPOUSES of issue do not get ANYTHING (not an intestate distributee)
What is the rule if the decedent is survived by NEITHER a spouse NOR an issue?
If no spouse or issue, the distribution is…. **1) to the SURVIVING PARENT(S) (If not survived by parents) ↓ **2) to the ISSUE of the PARENTS (i.e. siblings), who take per capita at each generation (If not survived by issue of parents) ↓ 3) 1/2 to MATERNAL GRANDPARENT(S) (OR their issue, who take per capita at each generation) PLUS1/2 to PATERNAL GRANDPARENTS (OR their issue, who take per capita at each generation) NOTE: if one side (maternal or paternal) is wiped out, 100% goes to OTHER SIDE (OR their issue, who take per capita at each generation) NOTE: if only GRANDCHILDREN left on either side, then they take in EQUAL shares (If not survived by grandparents OR their issue) ↓ 4) If the nearest kin are GREAT GREAT GRANDCHILDREN OF THE GRANDPARENTS (i.e. no great grandchildren), the estate revearts back to NY State
How does property pass by “per stirpes” distribution?
It’s where the issue of a PREDECEASED child takes the share that the predeceased child would have taken In NY, the DEFAULT rule is “per capita” distribution for predeceased children for BOTH intestacy AND will NOTE: a will can OVERRIDE and change the default distribution (“per capita”) to “per stirpes” FUN FACT: “Per capita” distribution results in the SAME distribution as “per stirpes” if there is ONLY ONE person in the first generation that PREDECEASED the decedant
What are the inheritance rights of ADOPTED children?
When adopted by… NEW family→adopted child AND his issue have FULL inheritance rights from the ADOPTING family (AND vice versa) NOTE: The adopted child has NO inheritance rights from the BIRTH PARENTS or other members of the BIRTH FAMILY SPOUSE of birth parent → the child AND that child’s issue can inhereit from (i) the adopting PARENT; (ii) the BIRTH parent; AND (iii) the DECEASED parent’s family NOTE: if child dies, the non-custodial parent’s family CANNOT inherit (i.e. ONE WAY STREET) RELATIVE→ the child inherits under the BIRTH relationship ONLY (i.e. that line is not “extinguished”), UNLESS the decedent was the adopting parent, then the child inherits under the ADOPTIVE relationship EXAMPLE If the decedent is Grandpa Gaylord; Caleb Sr. has predeceased Grandpa; AND Caleb Jr. were adopted by Aaron→ Caleb would inherit under Caleb Sr.’s “line” (thus there are 3, NOT 2 shares at FIRST generation) However, if the decedent is AARON →Caleb Jr would inherit under Aaron’s “line” NOT Caleb Sr’s (thus Aaron’s estate ould be split 3 ways, NOT 2) ↓
What are the inheritance rights of non-marital children?
Depends on whether decedent is MOTHER or FATHER… From MOTHER: a nonmarital child has FULL inheritance rights from his MOTHER and his MOTHER’S family From FATHER: inheritance ONLY IF paternity is established by… DURING “FATHER’S” LIFE 1) The father marries the MOTHER after the child’s birth (i.e. “legitimation by marriage”); OR 2) An order of filiation in a paternity suit is entered adjudicating the the man to be the child’s father; OR 3) The father files a witnessed and acknowledged (before a notary public) AFFIDAVIT of paternity w/ the Putative Father Registry; OR BEFORE OR AFTER THE “FATHER’S” DEATH 4) Paternity is established by clear and convincing evidence A DNA genetic marker test Open & notoriously acknowledging child as his own (e.g. name on birth certificate) Visitation, participation, gifts to child (NOT child support alone)
What 6circumstances DISQUALIFY a surviving spouse from taking an intestate share?
D-I-S-M-AL-S 1) Divorce: a final DECREE of divorce or annulment recognized as valid under NY law 2) Invalid divorce: procured by SURVIVING spouse 3) Separation decree: a final DECREE of separation was rendered against the SURVIVING spouse NOTE: a separation AGMT does NOT result in disqualification UNLESS there is specific language in the agmt waiving the surviving spouse’s right under EPTL 4) Marriage is VOID (incestuous; bigamoous; fraud) 5) Abandonment/Lack of support: the SURVIVING spouse abandoned or refused to support the dead spouse 6) Slayer spouse:if the spouse KILLS the decedent, then she CANNOT inherit NOTE: If there was a joint tenancy, the bad surviving spouse could ONLY get what she put in
What is the rule when the decedent is survived by a DISQUALIFIED spouse?
Rule = we assume the SURVIVING spouse PREDECEASED the decedent→we then drop their share to the children, etc
