What is the name of your state (only U.S. law)? NY
My mother, who lived in NY State, passed away in January. She did not have a will but all of her assets except her house were in joint ownership with her two children. I have been appointed administrator by the surrogate court. I know the remaining assets (i.e., the proceeds from sale of the house) cannot be distributed for seven months, but I wonder what I can do in the meantime. Can I sell the house and put the proceeds in an account for the remainder of the seven months or do I need the court's approval to do that?
My mother, who lived in NY State, passed away in January. She did not have a will but all of her assets except her house were in joint ownership with her two children. I have been appointed administrator by the surrogate court. I know the remaining assets (i.e., the proceeds from sale of the house) cannot be distributed for seven months, but I wonder what I can do in the meantime. Can I sell the house and put the proceeds in an account for the remainder of the seven months or do I need the court's approval to do that?