by Lauren Bercik | May 1, 2018 | Estate Administration, General, Probate
Insolvency: What an executor can do when the estate can’t pay all the bills. Estate insolvency occurs when a person dies leaving behind more debt than there are funds to pay off the debts. Any assets in the estate including real estate may be sold off to repay... by Lauren Bercik | Apr 18, 2018 | Probate
New Jersey Omitted Spouse Statute. If your husband’s or wife’s will was made before your marriage the Omitted Spouse statute may be the solution to claiming your inheritance. The law provides relief to an omitted spouse of a deceased testator in New... by Lauren Bercik | Mar 8, 2018 | Estate Administration, Probate
Inherited Property Sometimes an Executor is faced with ejecting family from inherited property. When an executor or estate administrator must remove occupants in inherited property, legal guidance for an ejectment action may be required. If your siblings or other... by Lauren Bercik | Mar 3, 2018 | Estate Administration, Probate
THERE CAN BE CONFUSION WITH WHO OWNS THE FUNDS IN AN INHERITED JOINT BANK ACCOUNT New Jersey’s Multiple-Party Deposit Account Act addresses the rights of surviving joint account holders. Who owns the funds held in a joint account before it becomes an inherited... by Lauren Bercik | Jan 2, 2018 | Probate
Executor Duties #1 – Collect Assets and Information. The executor is in charge of locating, reading and understanding the will and filing and/or probating it in the Surrogate’s office in the county where the deceased last resided. Next, he/she must find...