This concerns NY State probate law.
My mother passed away five months ago, leaving my sister as the sole executor. I recently came across a note that my mother had written to me several years back after we gave her money (essentially as a loan to be repaid after her death), and I would like to submit it to the estate for payment. However, I think my sister would find this to be stressful at this time, and I'd rather inflict this on her right now. But is there a statute of limitations involved here? Am I at risk of not being able to receive the money if I don't submit the note in some timely fashion? Is there a specified statute of limitations for submitting a claim? Thanks.
My mother passed away five months ago, leaving my sister as the sole executor. I recently came across a note that my mother had written to me several years back after we gave her money (essentially as a loan to be repaid after her death), and I would like to submit it to the estate for payment. However, I think my sister would find this to be stressful at this time, and I'd rather inflict this on her right now. But is there a statute of limitations involved here? Am I at risk of not being able to receive the money if I don't submit the note in some timely fashion? Is there a specified statute of limitations for submitting a claim? Thanks.