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

State:
New York
County:
Nassau
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 Nassau New York Petition for Judicial Settlement of Account — Non-Trust is a legal document that involves requesting a court to review and approve the final accounting of an estate or asset, outside the context of a trust arrangement. This petition is typically filed by the executor or administrator of an estate in order to obtain a court's confirmation of their financial activities and to ensure that all debts, expenses, and distributions have been properly handled. Keywords: Nassau New York, petition, judicial settlement of account, non-trust, detailed description, legal document, estate, asset, final accounting, executor, administrator, confirmation, financial activities, debts, expenses, distributions. There are different types of Nassau New York Petitions for Judicial Settlement of Account — Non-Trust based on the specific circumstances: 1. Estate Probate Estate: This petition is filed upon the completion of the probate process, where the executor seeks court approval for the final accounting of the deceased person's estate. It involves providing a detailed breakdown of assets, liabilities, income, and expenses, ensuring accuracy and compliance with applicable laws. 2. Guardianship Estate: In cases where a legal guardian has been appointed for an individual, such as a minor or incapacitated person, this petition is filed to seek court approval for the guardian's financial activities on behalf of the ward. It includes a comprehensive account of income, expenses, investments, and distributions carried out for the ward's benefit. 3. Non-Probate Estate: When assets do not pass through the probate process, such as those held in joint tenancy or through beneficiary designations, this petition is filed to request the court's review and approval of the estate's final accounting. The petitioner provides a detailed report on the non-probate assets and their respective distributions. 4. Business Estate: In situations where the estate includes business interests, this petition is filed to obtain court confirmation of the accounting related to the business's financial activities. It involves presenting a comprehensive report on income, expenses, profit distributions, and any other relevant financial transactions. 5. Intestate Estate: When an individual passes away without a valid will, the estate is considered intestate. The executor/administrator files this petition to settle the estate's financial affairs according to the state's laws of intestacy, ensuring proper distribution of assets among the lawful heirs. It is important to consult with an attorney familiar with Nassau New York laws and regulations to ensure the accurate preparation and filing of a Petition for Judicial Settlement of Account — Non-Trust.

The Nassau New York Petition for Judicial Settlement of Account — Non-Trust is a legal document that involves requesting a court to review and approve the final accounting of an estate or asset, outside the context of a trust arrangement. This petition is typically filed by the executor or administrator of an estate in order to obtain a court's confirmation of their financial activities and to ensure that all debts, expenses, and distributions have been properly handled. Keywords: Nassau New York, petition, judicial settlement of account, non-trust, detailed description, legal document, estate, asset, final accounting, executor, administrator, confirmation, financial activities, debts, expenses, distributions. There are different types of Nassau New York Petitions for Judicial Settlement of Account — Non-Trust based on the specific circumstances: 1. Estate Probate Estate: This petition is filed upon the completion of the probate process, where the executor seeks court approval for the final accounting of the deceased person's estate. It involves providing a detailed breakdown of assets, liabilities, income, and expenses, ensuring accuracy and compliance with applicable laws. 2. Guardianship Estate: In cases where a legal guardian has been appointed for an individual, such as a minor or incapacitated person, this petition is filed to seek court approval for the guardian's financial activities on behalf of the ward. It includes a comprehensive account of income, expenses, investments, and distributions carried out for the ward's benefit. 3. Non-Probate Estate: When assets do not pass through the probate process, such as those held in joint tenancy or through beneficiary designations, this petition is filed to request the court's review and approval of the estate's final accounting. The petitioner provides a detailed report on the non-probate assets and their respective distributions. 4. Business Estate: In situations where the estate includes business interests, this petition is filed to obtain court confirmation of the accounting related to the business's financial activities. It involves presenting a comprehensive report on income, expenses, profit distributions, and any other relevant financial transactions. 5. Intestate Estate: When an individual passes away without a valid will, the estate is considered intestate. The executor/administrator files this petition to settle the estate's financial affairs according to the state's laws of intestacy, ensuring proper distribution of assets among the lawful heirs. It is important to consult with an attorney familiar with Nassau New York laws and regulations to ensure the accurate preparation and filing of a Petition for Judicial Settlement of Account — Non-Trust.

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