Bronx New York Petition for Judicial Settlement of Account - Non-Trust

State:
New York
County:
Bronx
Control #:
NY-SFM-1
Format:
PDF
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This is an official form from the New York State Unified Court, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by New York statutes and law.

The Bronx New York Petition for Judicial Settlement of Account — Non-Trust is a legal document that is filed in the Bronx County Surrogate's Court to request the court's approval for the final settlement of an estate. This petition is necessary when the decedent did not establish a trust and the estate needs to be closed and distributed among the beneficiaries. In this petition, the petitioner, who is usually the executor or administrator of the estate, provides a detailed account of all the assets, debts, income, and expenses of the estate. The purpose is to ensure transparency and accountability in the estate administration process. The Bronx New York Petition for Judicial Settlement of Account — Non-Trust serves as a comprehensive summary of the estate's financial transactions and allows interested parties, such as beneficiaries, creditors, or other interested parties, to review and raise any objections or concerns regarding the estate's administration. There are different types of Bronx New York Petition for Judicial Settlement of Account — Non-Trust, depending on the specific circumstances of the estate. Some common types include: 1. Standard Judicial Settlement of Account — Non-Trust: This is the most common petition filed when there is no trust involved in the estate. It provides a thorough breakdown of the assets, liabilities, and expenses of the estate, followed by the proposed distribution plan. 2. Partial Judicial Settlement of Account — Non-Trust: This type of petition is filed when the estate administration is ongoing, but the executor or administrator seeks court approval for the distribution of a portion of the estate assets. This is often done when some assets are readily distribute, while others may still require additional time for resolution. 3. Revised Judicial Settlement of Account — Non-Trust: If any changes or corrections need to be made to a previously filed petition, a revised petition is filed. This allows the petitioner to ensure accuracy and completeness in the account settlement. 4. Amended Judicial Settlement of Account — Non-Trust: Similar to the revised petition, an amended petition is filed when new information or circumstances arise that necessitate changes to the account settlement. This could include the inclusion of previously undisclosed assets, additional debts, or any other relevant changes. It is important to consult with an experienced attorney who specializes in estate administration and probate matters when preparing and filing a Bronx New York Petition for Judicial Settlement of Account — Non-Trust. They can provide guidance on the appropriate petition type based on the specific circumstances of the estate and ensure compliance with the court's requirements.

The Bronx New York Petition for Judicial Settlement of Account — Non-Trust is a legal document that is filed in the Bronx County Surrogate's Court to request the court's approval for the final settlement of an estate. This petition is necessary when the decedent did not establish a trust and the estate needs to be closed and distributed among the beneficiaries. In this petition, the petitioner, who is usually the executor or administrator of the estate, provides a detailed account of all the assets, debts, income, and expenses of the estate. The purpose is to ensure transparency and accountability in the estate administration process. The Bronx New York Petition for Judicial Settlement of Account — Non-Trust serves as a comprehensive summary of the estate's financial transactions and allows interested parties, such as beneficiaries, creditors, or other interested parties, to review and raise any objections or concerns regarding the estate's administration. There are different types of Bronx New York Petition for Judicial Settlement of Account — Non-Trust, depending on the specific circumstances of the estate. Some common types include: 1. Standard Judicial Settlement of Account — Non-Trust: This is the most common petition filed when there is no trust involved in the estate. It provides a thorough breakdown of the assets, liabilities, and expenses of the estate, followed by the proposed distribution plan. 2. Partial Judicial Settlement of Account — Non-Trust: This type of petition is filed when the estate administration is ongoing, but the executor or administrator seeks court approval for the distribution of a portion of the estate assets. This is often done when some assets are readily distribute, while others may still require additional time for resolution. 3. Revised Judicial Settlement of Account — Non-Trust: If any changes or corrections need to be made to a previously filed petition, a revised petition is filed. This allows the petitioner to ensure accuracy and completeness in the account settlement. 4. Amended Judicial Settlement of Account — Non-Trust: Similar to the revised petition, an amended petition is filed when new information or circumstances arise that necessitate changes to the account settlement. This could include the inclusion of previously undisclosed assets, additional debts, or any other relevant changes. It is important to consult with an experienced attorney who specializes in estate administration and probate matters when preparing and filing a Bronx New York Petition for Judicial Settlement of Account — Non-Trust. They can provide guidance on the appropriate petition type based on the specific circumstances of the estate and ensure compliance with the court's requirements.

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Bronx New York Petition for Judicial Settlement of Account - Non-Trust