nightilldawn
Junior Member
What is the name of your state?What is the name of your state? Nevada
My uncle passed away last September and i recieved a letter from the Probate lawyer saying that the earliest the estate will be distributed will be August 27th. My uncle lived in a co-op in Manhatten New York, right by the Empire State Building. The executor is my cousin ( he lives in Arizona ) and I live in Nevada. My uncle lived in New York so i was asking for the laws pertaining to New York State. My cousin found a buyer for the co-op but the association is holding up the application. Each month that the co-op doesn't sell, he has to pay the association the monthly fee which is coming out of the estate. It's been several months. My cousin will not put another ad for another buyer until the association gives him a yes or no answer on the buyer he has already. I believe he is procrastinating for time. His father was the lien holder for my uncle's co-op and when he passed away, my uncle didn't leave the co-op back to him. He told my cousin to take as long as he wants to sell the co-op, which i think is what he is doing. My question here is : How long can my cousin play this game of not selling the co-op? According to several sources close to me, they plan on not selling and have the association eat up all the money so no one can get their share of the estate. My cousin does not want to discuss this with anyone involved, and all i keep getting is heartache from his father who keeps telling me i'm not getting one red cent of that money cause it was his money. Since the estate cannot be distributed no earlier than August 27th, how long does it usually take for something like this to go on? Can it last years? Someone told me there is a limitation on how long he can withold the estate proceedings. I was hoping someone here can help me so i can get this matter resolved. Otherwise i would need to fly down to New York ( which is costly ) in order to get this information. Thank you in advance for anything you can offer to help me.
Nightilldawn
My uncle passed away last September and i recieved a letter from the Probate lawyer saying that the earliest the estate will be distributed will be August 27th. My uncle lived in a co-op in Manhatten New York, right by the Empire State Building. The executor is my cousin ( he lives in Arizona ) and I live in Nevada. My uncle lived in New York so i was asking for the laws pertaining to New York State. My cousin found a buyer for the co-op but the association is holding up the application. Each month that the co-op doesn't sell, he has to pay the association the monthly fee which is coming out of the estate. It's been several months. My cousin will not put another ad for another buyer until the association gives him a yes or no answer on the buyer he has already. I believe he is procrastinating for time. His father was the lien holder for my uncle's co-op and when he passed away, my uncle didn't leave the co-op back to him. He told my cousin to take as long as he wants to sell the co-op, which i think is what he is doing. My question here is : How long can my cousin play this game of not selling the co-op? According to several sources close to me, they plan on not selling and have the association eat up all the money so no one can get their share of the estate. My cousin does not want to discuss this with anyone involved, and all i keep getting is heartache from his father who keeps telling me i'm not getting one red cent of that money cause it was his money. Since the estate cannot be distributed no earlier than August 27th, how long does it usually take for something like this to go on? Can it last years? Someone told me there is a limitation on how long he can withold the estate proceedings. I was hoping someone here can help me so i can get this matter resolved. Otherwise i would need to fly down to New York ( which is costly ) in order to get this information. Thank you in advance for anything you can offer to help me.
Nightilldawn