Bill Text: NY S08983 | 2019-2020 | General Assembly | Introduced
Bill Title: Removes the prohibition on individuals convicted of a felony that prevents them from being appointed fiduciary of an estate; allows the court the discretion to permit or prevent such appointment of an individual convicted of a felony; and allows for the appointment of an interpreter during the appointment process for the fiduciary of an estate.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2020-09-16 - REFERRED TO RULES [S08983 Detail]
Download: New_York-2019-S08983-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8983 IN SENATE September 16, 2020 ___________ Introduced by Sen. MYRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the surrogate's court procedure act, in relation to removing the prohibition on individuals convicted of a felony that prevents them from being appointed fiduciary of an estate The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraphs (d) and (e) of subdivision 1 and subdivision 2 2 of section 707 of the surrogate's court procedure act, paragraph (e) of 3 subdivision 1 as amended by chapter 514 of the laws of 1993, are amended 4 and a new subdivision 3 is added to read as follows: 5 (d) [a felon6(e)] one who does not possess the qualifications required of a fiduci- 7 ary by reason of substance abuse, dishonesty, improvidence, want of 8 understanding, or who is otherwise unfit for the execution of the 9 office. 10 2. Persons ineligible in court's discretion. The court may declare 11 ineligible to act as fiduciary: 12 (a) a person unable to read and write the English language; or 13 (b) an individual convicted of a felony whose crime may be adverse to 14 the welfare of the estate, including but not limited to, crimes such as 15 embezzlement or any crime where there was a misappropriation of money or 16 a breach of fiduciary duty. 17 3. Interpreter. Upon request of a person subject to the court's 18 discretion under subdivision two of this section, the court shall 19 provide an interpreter to interpret the testimony of any person who does 20 not speak the English language well enough to be readily understood. 21 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10968-06-0