How long does an executor have to settle an estate in NYC?

Share This Post

Understanding the Timeline for Settling an Estate in New York City

When appointed as the executor of an estate in New York City, you take on the vital role of managing and distributing the deceased person’s assets and fulfilling their final wishes. However, this responsibility comes with legal obligations and timelines that you must adhere to.

Executor’s Duties and Responsibilities

Before delving into the specific timeline, let’s outline the executor’s primary duties:

  • Gather and Inventory Assets: Your first task is to identify and compile a comprehensive list of the deceased person’s assets, including real estate, bank accounts, investments, and personal property.
  • Notify Creditors and Settle Debts: You must notify creditors of the decedent’s passing and settle any outstanding debts and claims using estate assets.
  • Prepare and File Necessary Documents: This includes filing the will with the Surrogate’s Court, obtaining necessary court approvals, and handling tax filings on behalf of the estate.
  • Distribute Assets to Beneficiaries: Once debts, taxes, and expenses are settled, you can distribute the remaining assets to the beneficiaries as outlined in the will.
  • Account for Your Actions: Executors must maintain meticulous records of all estate transactions, including income, expenses, and distributions, to provide an accurate account to beneficiaries and the court.

The Timetable for Estate Settlement

The timeline for settling an estate in New York City can vary based on several factors, including the complexity of the estate, potential disputes, and court schedules. However, there are some general guidelines to keep in mind:

1. Probate Process (if applicable)

If the decedent’s will requires probate, you should commence the process promptly. In New York, this typically involves filing the will with the Surrogate’s Court in the county where the decedent resided within ten (10) days of learning of their passing.

2. Notification of Creditors

One of your early responsibilities is notifying known creditors of the decedent’s death. Creditors then have seven (7) months from the date of notification to file their claims. After this period, you can assess and pay valid claims from estate assets.

3. Estate Taxes

Estate tax returns (if applicable) should be filed within nine (9) months of the date of death. It’s essential to ensure that any taxes owed are paid promptly to prevent penalties and interest.

4. Asset Distribution

Once all debts, taxes, and expenses are settled, you can proceed with distributing assets to the beneficiaries. The exact timing of this step can vary based on the circumstances, but it should be done as efficiently as possible.

5. Estate Accounting

Executors must provide a final accounting of all estate transactions to the beneficiaries and the Surrogate’s Court. This accounting should be as comprehensive and accurate as possible to ensure transparency and prevent disputes.


Settling an estate as an executor in New York City is a meticulous process with various legal responsibilities and timelines. Timely and thorough execution of your duties is crucial to ensure a smooth and legally compliant estate settlement. Seek professional guidance from experts at Morgan Legal Group to navigate the complexities of estate administration in New York City effectively.

DISCLAIMER: The information provided in this blog is for informational purposes only and should not be considered legal advice. The content of this blog may not reflect the most current legal developments. No attorney-client relationship is formed by reading this blog or contacting Morgan Legal Group PLLP.

Got a Problem? Consult With Us

For Assistance, Please Give us a call or schedule a virtual appointment.
Estate Planning New York Lawyer Estate Planning Miami Lawyer Estate Planning Lawyer NYC Miami Lawyer Near Me Estate Planning Lawyer Florida Near Me Dental Near Me Lawyers Probate Lawyer Hallandale Beach Probate Lawyer Near Miami Estate Planning Lawyer Near Miami Estate Planning Attorney Near Miami Probate Attorney Near Miami Best Probate Attorney Miami Best Probate Lawyer Miami Best Estate Planning Lawyer Miami Best Estate Planning Attorney Miami Best Estate Planning Attorney Hollywood Florida Estate Planning Lawyer Palm Beach Florida Estate Planning Attorney Palm Beach Immigration Miami Lawyer Estate Planning lawyer Miami Local Lawyer Florida Florida Attorneys Near Me Probate Key West Florida Estate Planning Key West Florida Will and Trust Key West Florida local lawyer local lawyer mag local lawyer magazine local lawyer local lawyer elite attorney magelite attorney magazineestate planning miami lawyer estate planning miami lawyers estate planning miami attorney probate miami attorney probate miami lawyers near me lawyer miami probate lawyer miami estate lawyer miami estate planning lawyer boca ratonestate planning lawyers palm beach estate planning lawyers boca raton estate planning attorney boca raton estate planning attorneys boca raton estate planning attorneys palm beach estate planning attorney palm beach estate planning attorney west palm beach estate planning attorneys west palm beach west palm beach estate planning attorneys west palm beach estate planning attorney west palm beach estate planning lawyers boca raton estate planning lawyers boca raton probate lawyers west palm beach probate lawyer west palm beach probate lawyers palm beach probate lawyersboca raton probate lawyers probate lawyers boca raton probate lawyer boca raton Probate Lawyer Probate Lawyer Probate Lawyer Probate Lawyer Probate Lawyer Probate Lawyer best probate attorney Florida best probate attorneys Florida best probate lawyer Florida best probate lawyers palm beach estate lawyer palm beach estate planning lawyer fort lauderdale estate planning lawyer in miami estate planning north miami Florida estate planning attorneys florida lawyers near mefort lauderdale local attorneys miami estate planning law miami estate planning lawyers miami lawyer near me probate miami lawyer probate palm beach Florida trust and estate palm beach Miami estate law Estate lawyers in Miami