In NJ- Can an Executor deduct sums from my inheritance because the Estate had to pay a loan my Mother co-signed for my son?

If the estate had to pay a loan, it generally just reduces the net value of the estate, and that in turn affects everyone's share. However,...

Do I need an estate account?

I always open an estate account. It makes no sense not to segregate estate funds from everything else. Why co-mingle an estate check with personal...

In NJ - Can an Estate be closed as soon as the House is sold?

Well, sort of. It depends on what you mean by closing the estate. Generally the estate is considered closed once all the bills are paid and once...

Complicated Probate Help.

I don't understand how the house is still in your grandmother's name. Was the estate not probated? Who was the executor? They should've transferred...

Did NJ Probate Law Chapter 132 of 2004 a/k/a bill S708 pass (in Aug. 2004) and go into effect (Feb-Mar 2005) as the legislature

Were I you, I would be highly wary about hiring someone to plan a New Jersey estate, or an estate that was in any way dependent on the...

My ex husbands name is still on the title and mortgage to my home. Can I petition the courts to have it removed?

The problem as I see it isn't so much listing it, but ultimately entering into a contract for the sale of the property. If he's still on the deed...

This is actually more of a family law question. You haven't provided a lot of detail here, and it leaves a lot of questions unanswered (such as...

Executor dealing with unscrupulous beneficiary fears loss of estate money after real estate sale.

An estate commonly takes more than a year to administer, and often much longer than that. So three months is nothing. Regarding the attorney...

Last year on 9/5/2015 my son passed away,the day before on 9/4/2014 he bought a house he has no children, im the only parent liv

You'd have to tell me whether your son died with or without a will. If he had a will, the executor has the authority to sell the house. If he did...

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Does an executor receive a percentage of the entire estate even if they inherit the home?

In New Jersey, you are entitled to a percentage of the gross value of the estate ONLY IF YOU RENOUNCE ANY OTHER FORMS OF COMPENSATION FOR THE ROLE...