QUESTION

Inherit

Asked on May 07th, 2025 on Estate Planning - New York
More details to this question:
My partner Estate Executor is asking for our join and pay after dead bank accounts statement after his passing, And the first statement for each of my individual accounts after the day his passed. Why, Iโ€™m not part of the Estate and there was no will left behind.
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2 ANSWERS

CREDIT CARD COLLECTION DEFENSE Attorney serving Harrisburg, PA
It sounds like the administrator of the estate id trying to account for expenses of the deceased which may have been paid out of his or her account after he or she died for bills which existed at the time of his or her death.  This would be necessary for purposes of any estate or inheritance tax returns.  Debts of a deceased person are typically allowed as deductions from the taxable value of any property he or she had at the time of death.  As for your individual accounts information that sounds like overreaching but the joint account is probably proper.  For the joint account if you do not turn over the information the Executor may need to use a subpoena to order you or the bank to turn over the statements.  I advise you to do what you can to cooperate - it helps resolve loose ends for your now-deceased partner.
Answered on May 12th, 2025 at 2:01 AM

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Property Disputes Transactions Attorney serving Lake Success, NY
3 Awards
Good morning, While I do not quite understand your issue, our office handles significant trust and estate administration and litigation.  If your matter is within the five boroughs of NYC or Nassau, Suffolk or Westchester counties, we can help you.  Perhaps you'd like to set up a consultation to discuss your matter further? Feel free to call me at (516) 437-4385 x. 146.
Answered on May 08th, 2025 at 6:55 AM

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