§ 1301 Definitions In this article: 1
Article 13: Settlement of Small Estates Without Court Administration
Rule Text
§ 1301. Definitions
In this article:
1. A small estate is the estate of a domiciliary or a non-domiciliary who dies leaving personal property having a gross value of $50,000 or less exclusive of property required to be set off under EPTL 5-3.1 (a).
2. A voluntary administrator is a person who qualifies and undertakes to settle the estate of the decedent without the formality of court administration as hereinafter provided.