Many but not all brokerage houses require a retitling of a decedent account to an estate account before any action can be taken as to such assets....

Selling the estate

The executor has the final say barring anything to the contrary in the Will. The 6th person might sue but would likely fail. A house with 6...

A 1099-R is not issued when a life insurance policy pays its death benefit since life insurance proceeds are not subject to federal income tax. A...

At what point in the administration of an estate must an executor pay himself his fee?

In short there is a statute that allows a very small amount of commission to be taken anually without concurrent court or beneficiary approval....

I have been named in a will to receive some money. The executor of the will has not paid any of the beneficiaries.

You need to see an estate lawyer soon is the best answer in my view.

You own it as tenants by the entirety a form of ownership reserved for husbands and wives who own real estate together. If the deed says husband...

I put my recently deceased husband's car in my name. Can probate court come after the care to settle his bills? If so how?

Debts must be satisfied before distribution of any estate assets. So the answer is probably yes to your question as you have posed it. This means...

Is a revocable living trust best choice for me and wife. Thus avoiding probate. Make my daughter executor.

It depends on what you wish to accomplish. In states where the probate proess is cumbersome and the executor has to obtain court approval to act...

Can I decline an inheritance and give it to my wife instead?

If you have children and disclaim the inheritance passes to your children. If you have no kids or grandkids a disclaimer would likely result in the...

I'M EXECUTRIX FOR MY BROTHER'S ESTATE, BENEFICIARY WON'T ACCEPT INHERITANCE

Your inquiry raises numerous issues some dealing with NJ inheritance and estate tax. Yes those are 2 separate taxes. You need to confer with a...