While there is no problem with the management LLC being named as the sole officer/manager of another LLC the greater concern raised by your...

If there is an equity loan on house when deceased passed away and house was left to the daughter , does the daughter have to pay

Unless I'm misreading Mr. Begley's reply I have to disagree with him. Per NJSA 3B:25-1 "When property subject to a mortgage ... passes to a...

Notice To Creditors. There are two large debts on the estate I am an executor for. Payments are being made.

Notice to Creditors was dispensed with by a law change in 2005 and a corresponding change to the rules of Court in 2006 although it may still be...

The executor has a statutory duty to provide each person who would take absent a will a notice of probate of the will and a copy of the Will, if...

I am an executor of a will. When do I disburse funds to beneficiaries. The house is not sold and there is a loan and utilities

All of these questions (and many you've failed to ask) are precisely why any Executor is well advised to retain counsel to help guide them through...

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Son may have a current action to recover any portion of the account which son can demonstrate he contributed and may have a future probate action...

Is there a legal situation when the executor of an estate using the funds in the estate account before finalization.

Removing the funds from the estate for personal use is certainly a breach of the Executor's fiduciary duties but given the limited duration and...

The standard time for filing claims is within three years of the original due date of the return (not including extensions) or two years of making...

Question re NJ inheritance tax

A payable on death CD is fully taxable on the death of the owner. A joint CD is fully taxable on the death of either owner except to the extent...

Minor listed a beneficiary of estate

There seems to be a factual disconnect that you should review closely with an attorney. Since the estate is intestate child is entitled to an...