Archived
My mother died WITH a Will, and also as the owner of two properties left in a Trust with her three children as beneficiaries.
Edward's answer
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Answered on September 30, 2009
While the exwact language of the Will is controlling and without it I can't give you any certainty. Typically a gift in a will of a percentage of...
Archived
Can you tell me if this price is too much or reasonable?
Edward's answer
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Answered on September 29, 2009
I would characterize the price as being on the high end of the reasonable range. If the price also includes one or more deeds for your NJ property...
Archived
How much is an executors fee ? The estate is in New York.
Edward's answer
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Answered on September 29, 2009
Per section 2307 of the Surrogate's Court Procedure Act commissions are 5% of the first $100,000; 4% of the next $200,000; 3% of the next $700,000;...
Archived
My aunt died las month. We can't yet find her original will dated 1992
Edward's answer
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Answered on September 29, 2009
You really need to sit down with someone who can go over your facts in more detail. Your post does not actually contain a question so I'm not sure...
Archived
I am one of four beneficiaries; executor took, sold/gave away personal property without notifying anyone. Is this legal?
Edward's answer
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Answered on September 29, 2009
The answer to your question is very dependent on the precise language of the Will so it is impossible to say whether the Executor in your...
Archived
Are the children responsible for doctor bills and funeral expenses if their father passes and has no life insurance?
Edward's answer
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Answered on September 29, 2009
So long as you do not sign anything agreeing to be responsible for such expenses and so long as there have been no transfers of your father's...
Archived
Do I need to sign a "Waiver of Process" & "Consent to Probate" if I was disinherited daughter from a will? Will is NY Law.
Edward's answer
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Answered on September 29, 2009
Whether you choose to sign the form will depend on your relationship with the sister who is receiving the estate. In NY in order to probate the...
Archived
Totten trust for a minor
Edward's answer
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Answered on September 24, 2009
You and your son's mother should be able to go yto your local Surrogate's office and be appointed Guardian of his property. The surrogate may...
Is the value of a home included when calculating the amount of the executor's fee?
Edward's answer
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Answered on September 22, 2009
NJ's statutory Executor fee on corpus (equal to 5% of the first $200,000; 3.5% of the next $800,000; and 2% of any balance) is typically calculated...
Archived
If I marry without a prenup in NJ, do I have to buy out my future husband if the marriage doesn't work. I have a home and car.
Edward's answer
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Answered on September 18, 2009
In NJ the property you bring to the marriage (so long as you keep it in your name alone) is separate property and should not be subject to...
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