N.Y. Surrogate's Court Procedure Act § 725: Rules relating to estate valuation after letters The chief administrator of the courts shall promulgate rules to insure that, after lette...

§ 725. Rules relating to estate valuation after letters

The chief administrator of the courts shall promulgate rules to insure

that, after letters have been granted to a fiduciary and the fee based

on the initial value of the estate has been paid, the court is notified

of the actual value of the estate as subsequently shown by a tax return

filed under article twenty-six of the tax law, by a proceeding under

such article, by any proceeding in surrogate's court involving such

estate, or by the filing with the court of such other papers or

documents as such rules shall prescribe.