§ 3-4.1 Revocation of wills; effect on codicils
§ 3-4.2 Agreement to convey property previously disposed of by will not a revocation
§ 3-4.3 Revocatory effect of a conveyance, settlement or other act affecting property previously disposed of by will
§ 3-4.4 Conveyance of property of an incompetent or conservatee, previously disposed of specifically by will, not revocation or ademption
§ 3-4.5 Insurance proceeds from specific disposition not subject to ademption
§ 3-4.6 Revocation or alteration of later will not to revive prior will or any provisions thereof
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Terms Used In New York Laws > Estates, Powers and Trusts > Article 3 > Part 4 - Revocation of Wills and Related Subjects

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Service supplier: means a telephone corporation which provides local exchange access service within a 911 service area. See N.Y. County Law 325
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Testator: A male person who leaves a will at death.