Profile Image Placeholder

Richard William Cutler

  • International Law
  • New York
Badges
Claimed Lawyer ProfileQ&A
Practice Area
International Law
Human Rights, Imports & Exports
Jurisdictions Admitted to Practice
New York
New York State Office of Court Administration
ID Number: 1031194
Placeholder image for jurisdictions.
Education
Nyu
Placeholder image for education.
New York University School of Law
New York University School of Law Logo
Professional Associations
New York State Bar  # 1031194
Member
- Current
Placeholder image for professional associations.
Legal Answers
3 Questions Answered
Q. I the son am beneficiary in my moms will.she had a joint bank account of 17ooo.who gets the money.
A: In New York, the names on the bank account trump the will, or more accurately, the bank account passes outside the will. That your sister is executor of your mother's estate is irrelevant. If she is the only one on the bank account, she gets the account. If she is a co-beneficiary on the account, she shares it with the other named beneficiary or beneficiaries.
Q. Do you use an EIN number or grantor’s SS# for a trust brokerage acct?
A: If you mean a "grantor's trust" like a "living trust" that is subject to distributions of income and principal by the grantor at any time, then use the grantor's SS#.
Q. My husband and sister in law are co trustees of their mothers (who recently passed away) trust. Their mother's attorney
A: The attorney may be concerned about privilege, since the lawyer-client privilege might not be effective where a third party (you) was involved in discussions. That aside, since your husband is a trustee, he can choose his own lawyer (who may or not be joint with his sister's lawyer). In fact, I am not sure what the mother's lawyer's position in this whole thing is.
View More Answers
Contact & Map
RICHARD W. CUTLER, ESQ.
39 Broadway Ste 1620
New York, NY 10006
US
Telephone: (212) 679-8787
60 Madison Ave
New York, NY 10010
US
Telephone: (212) 683-0220