Children’s Shares of Estates in New Jersey
If someone dies in New Jersey without leaving a will behind to direct where their assets will go, New Jersey intestacy laws take over and determine which relatives will receive the estate’s assets. As a…
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Will the State Get Your Property if You Don’t Have a Will in New Jersey?
You don’t have to worry: the State of New Jersey won’t automatically get all of your estate’s property if you die without a will. The intestacy laws in New Jersey are effectively designed to get…
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A Spouse’s Share of Estates in New Jersey
When you die without a will in New Jersey and have a currently living spouse, your spouse will inherit at least the first 25% of the estate, and not less than $50,000, according to State…
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New Jersey Intestate Succession Laws
If someone dies without a will in the State of New Jersey, that person’s assets will pass according to New Jersey’s intestate succession laws. This generally only affects assets owned alone in the deceased person’s…
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Challenges to a Will: What You Need to Know
Just because someone dies with a last will and testament does not mean that it is the will that will go into effect. Wills can be challenged. But who can challenge them? And why are they…
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Surety Bonds Ensure that Estates are Managed Honestly
Estate administrators and executors have a lot of duties in managing estates. They are accountable to all who have claims on a deceased person’s assets. They have to pay claims filed against the estate with estate assets….
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New Jersey Estate Executor Requirements
State of New Jersey statutes do not lay out particular requirements in order to be named an estate executor in the State of New Jersey. Essentially, it just has to be an adult. The court will then…
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New York Estate Executor Restrictions
When a deceased person dies with a will, an executor is appointed to manage their estate. They have to faithfully perform their duties and work for the interests of the estate and its beneficiaries. But…
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Executors in New York Surrogate’s Court May Need Surety Bonds
In New York Surrogate’s Court, it’s not uncommon for boilerplate language to be written into a will that waives the requirement for an Executor to have to purchase an estate surety bond to protect the…
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