What are the effects of an agreement to convey property on the disposition of same property by Will?
Full Question:
My grandfather executed his Will last year in which he bequeathed his apartment in downtown New York to me. After his death a month back, a person approached me saying that my grandfather had entered into a contract to sell the apartment. He has copy of the contract with my grandfather’s signature. I found a copy of the same contract in my grandfather’s safe. Will there be any problem in me inheriting the apartment?
01/17/2017 |
Category: Wills and Estates |
State: New York |
#30401
Answer:
“An agreement made by a testator to convey any property does not revoke a prior testamentary disposition of such property; but such property passes under the will to the beneficiaries, subject to whatever rights were created by such agreement.”