Is it correct that in NJ if a deceased person had less than $10,000 in assets the creditors do not have to be paid?

That is not correct. If a person dies intestate in NJ without a surviving spouse or domestic partner with real and personal property not exceeding...

My mother recently passed. She had three insurance policies. Two of them were directed to the funeral home and I am listed as

If I am understanding your facts correctly there are 3 policies one of which names the estate as beneficiary and is not at issue as those funds...

Sister died with title to home, ex husband only name on mortgage. I am paying mortgage as administratrix.

Since you have been putting your own money into the property I will assume that you are the beneficiary of the estate and stand to inherit the...

Currently going through debt settlement and wondering if I became a Durable POA for my mother would my debts spill over to her?

When working with a NJ bank be sure they follow your instructions about adding you as POA and don't instead make you a joint account owner. For...

My father dies then my grandmother past a week later well is it true that all that was left to my father im entitles to gain

If I understand things correctly you are the only child of your father and your grantmother's will leaves equal shares to your father and your...

In New Jersey, what is considered a "timely manner" to distribute the estate's assets, cash in particular?

As was mentioned in the prior post any beneficiary has the right to compel an accounting after the Executor has been in office for one year. This...

Mother died with no will. Been named administrator by surogate. WHat do I need to do if remaining funds do not cover bills

As mentioned above there is a specific court procedue which you can use to settle the estate and releive yourself of any liability. Depending on...

Deceased estate - late claim from overseas.

If New York State's current intestate succession law applied at all relevant times I would completely agree with the above analysis, however since...

New York law specifically permits any holder of a joint tenancy with a right of survivorship to unilaterally sever the tenancy and create a tenancy...

What Can Happen if You Don't Excute a Will?

Working on the assumption that you are the Executor it is your job to execute the precise terms of the Will. Any failure on your part to do so can...