Wills Flashcards
EPTL §1-2.19
Will an oral declaration or written instrument to take effect upon death, whereby a person disposes of property or directs how it shall not be disposed of, disposes of his body or any part thereof, exercises a power, appoints a fiduciary or makes any other provision for the administration of his estate, and which is revocable during his lifetime.
If a will disposes of only part of the probate estate
then the result is partial intestacy
Standing
If a family member wants to challenge the will, to have standing they have to know by intestacy that they will receive something
- Must have a pecuniary interest to have standing to contest the will
- If there were no will, I would take because I would be an intestate distribute
i. In NY, heirs that take through intestate succession are
DISTRIBUTEES
ii. Heirs that take property under a will are
BENEFICIARIES
e. Heirs Apparent
ii. EPTL §2-1.1Heirs at law and next of kin definedWhenever used in a statute or instrument, unless a contrary intention is expressed therein, the term “heirs”, “heirs at law”, “next of kin” or any term of like import means the distributees (as defined in 1-2.5)