§ 2201 Accountability of Legal Life Tenant or Fiduciary, Committee or Conservator of Legal Life Tenant
§ 2202 Recording or Filing Instruments Settling Accounts in Part or in Whole
§ 2203 Decree On Filing Instruments Approving Accounts
§ 2204 Judicial Settlement Where Recovery Has Been Had in Negligence Action
§ 2205 Compulsory Account and Related Relief On a Court’s Own Initiative or On Petition; Who May Petition
§ 2206 Compulsory Account and Related Relief; Proceedings Thereupon
§ 2207 Accounting by Fiduciary of Deceased Fiduciary, Committee of Incompetent Fiduciary, or Conservator of Conservatee Fiduciary
§ 2208 Voluntary Account; Who May Petition
§ 2209 Affidavit to Account
§ 2210 Voluntary Account; Process
§ 2211 Voluntary Account; Proceedings Thereupon
§ 2212 Accounting for Profit and Loss
§ 2213 Accounting for Claim for Funeral Expenses
§ 2214 Property of Estate to Be Delivered On Order
§ 2215 Decree for Payment and Distribution
§ 2216 Distribution in Kind
§ 2217 When Money or Property May Be Retained
§ 2218 Deposit in Court for Benefit of Legatee, Distributee or Beneficiary
§ 2219 Adjustment of Advancements
§ 2220 Payment of Share of Infant, Incompetent or Conservatee or Person Under Disability
§ 2221 Payment of Legacy or Distributive Share to Foreign Fiduciary
§ 2222 Legacy or Distributive Share Payable to Unknown Person to Be Paid to Comptroller
§ 2222-A Notice of Legacy or Distributive Share Payable to Incarcerated Individual or Prisoner
§ 2223 Funds Paid Into Court
§ 2224 Id.; Where Beneficiary’s Name or Whereabouts Is Unknown
§ 2225 Determination of Distributees, Devisees, Legatees, Beneficiaries and Distributive and Beneficial Shares
§ 2226 Rights of Alleged Decedent Upon Return
§ 2227 Summary Statement

Terms Used In New York Laws > Surrogate's Court Procedure > Article 22 - Accounting

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Decedent: A deceased person.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Intestate: Dying without leaving a will.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legacy: A gift of property made by will.
  • Legatee: A beneficiary of a decedent
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: A promise to tell the truth.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • 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.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.