May 15, 2024

The NY Governor’s 2024-2025 budget contained a new section of the Real Property Law in New York, Section 424 authorizing Transfer-On-Death Deed(s) for New York real property (See Governor’s budget, Art. VII, Part O, sec. 12). This new section creates

On Friday, April 19, 2024, and Saturday, April 20, 2024, the New York Executive and the New York Legislature released and enacted the remaining Article VII budget language bills.  Many issues that were on the table did not make it