Current through 2024 NY Law Chapter 457
Section 1301 - DefinitionsIn this article:
1. A small estate is the estate of a domiciliary or a non-domiciliary who dies leaving personal property having a gross value of $50,000 or less exclusive of property required to be set off under EPTL 5-3.1 (a).2. A voluntary administrator is a person who qualifies and undertakes to settle the estate of the decedent without the formality of court administration as hereinafter provided.N.Y. Surr. Ct. Proc. Act Law § 1301
Amended by New York Laws 2019, ch. 557,Sec. 1, eff. 11/25/2019. See New York Laws 2019, ch. 557, Sec. 2.