If I am a beneficiary of an account and executor, do I have to use that money for the estate?
If you are a named beneficiary, that money is yours. You are under no obligations to use that money for the estate debts.
Hackettstown, NJ
Estate planning Lawyer at Hackettstown, NJ
Practice Areas: Estate Planning, Probate ... +2 more
If you are a named beneficiary, that money is yours. You are under no obligations to use that money for the estate debts.
Your mother's debt does not transfer to you. Her estate is responsible for her debts. So if she died owing nothing and leaving no asset to pay...
Sorry to hear that you do not have a good relationship with your mother. You can wait until your mother's demise to then file a disclaimer (with...
So sorry to hear this. Unfortunately, if they shredded your original Will then you have to make a new Will.
Since he does not have a will, it will depend on the type of property to be transferred at his death. For example, a life insurance policy or any...
Unlike other states, New Jersey is not a community property state. If you can prove that you have contributed to the purchase of these items, you...