For the executor, trustee, or heir after a death in New York: every settlement tool from the first week to the final distribution, each answered from New York statutes, court rules, and fee schedules.
25 tools for New York
New York requires a final state income tax return for the decedent alongside the federal Form 1040N.Y. Tax Law § 601(c) cl. (vii); Chapter 59, Laws of 2025 (Part B)Verified Sep 20, 2026View source; a federal estate tax return (Form 706) is required only for estates above $15,000,00026 USC 2001(c), 2010; P.L. 119-21 §70106Verified Sep 15, 2026View source.
Estimate the fair market value of household items for probate and see how it affects fees.
Settling an estate in New York: the personal representative files the estate inventory within 270 days22 NYCRR 207.20Verified Sep 15, 2026View source of appointment; creditors have 7 monthsSCPA 1802, 1803, 1811; EPTL 11-1.5Verified Sep 15, 2026View source to present claims; a simple estate closes in 7 months to 9 months.
Settling a trust in New York happens outside court: the trustee acts under the state's trust statuteN.Y. EPTL Article 7Verified Jul 15, 2026View source, notifies the beneficiaries, then pays the debts and distributes under the trust's terms.
After a death in New York, the estate either qualifies for the simplified procedure for estates under $50,000SCPA § 1301Verified Sep 8, 2026View source or goes through probate, where creditors have 7 monthsSCPA § 1802Verified Sep 8, 2026View source to file claims after notice.