New York State. My aunt passed away 6 months ago and is survived by her second husband and her son from an earlier relationship. My aunt died a well-to-do lady and owns and holds sole title to 4 apartment buildings, one unit that she & her 2nd hubby lived in. Aside from some cash and a life insurance policy that were split up out of probate, the real estate needed to go through probate and there is a will that my aunt gives all property to her son, my amazing cousin.
My aunt did her estate plan with a Living Will properly witnessed and drawn up by a NY estate attorney. She gave her husband some cash, cars, & insurance payments totaling in value of $50k, with her current husband knowing he would not get the real estate and the title would transfer to her son. He could remain in the apartment they shared, pay all bills/maintenance until her son decides to sell or gives him 'reasonable notice' to leave.
Per New York law 5-
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My aunt did her estate plan with a Living Will properly witnessed and drawn up by a NY estate attorney. She gave her husband some cash, cars, & insurance payments totaling in value of $50k, with her current husband knowing he would not get the real estate and the title would transfer to her son. He could remain in the apartment they shared, pay all bills/maintenance until her son decides to sell or gives him 'reasonable notice' to leave.
Per New York law 5-
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