| NY(NYC) Advice Needed
What is the name of your state? NYC
NY(NYC) Advice Needed
We settle a malpractice case for 700k. Here's where the issue gets tricky. My mother left will a will leaving everything to my father and if not him then her two sons. For it to go to us tax free I assume he simply renounces 2/3 of the lawsuitand we each get a third
However our lawyer in the malpractice case never remembered my mother having a will. Despite her being alive at the start of the case(and being terminal he could of asked her). My father also told him after she died. Anyway he went through this whole process of my fatherbeing apointed an administrator and stuff. After the case settled he said you had a will we could of avoided that. We settled in Dec. It's now pending through NYC Surgogate court for approval apparently. Just in case for my father protection I had him notarize a letter saying he renouncing 2/3 of the lawsuit per the will
Two questions
How long does approval and the completion of the process to be paid take?
Is this endround through making my father adminsitator instead of a will costly.. And can it cost us tax wise instead of going through the will in first place? | 
01-04-2006, 04:31 PM
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