Thursday, May 19, 2022
In New York, lawyers widely use executor’s deeds to memorialize a specific devise. Unfortunately, it is contrary to the law as an executor has no power over that real estate unless it needs to be sold to satisfy the decedent’s debts.
If contrary to the law, why is it so common place? Largely because they don’t know a better way. In a recently CLE lecture, Daniel Reiter, a lawyer in New York, suggested a solution: (1) Probate the will, and (2) record a confirmatory deed, rather than an executor’s deed.
Lawline shared an excerpt from Reiter’s CLE with Wills, Trusts, Estates Information:
See Hani Sarji, “Record Confirmatory Deed for Specific Devise in NY, Suggests Daniel Reiter in Lawline CLE”, Wills, Trusts, Estates Information, May 17, 2022.