When a person dies, the people closest to them often feel overwhelmed by emotion and responsibility. If the court appointed you to manage the estate, you need to start acting quickly. Some tasks have short timelines, and delays can create unnecessary legal or...
Estate Administration
Common tax deductions executors can claim for the estate
Managing a loved one's financial matters after their passing comes with many responsibilities. Knowing which deductions are available can make a meaningful difference. It is not just about saving estate money, but for fulfilling your duties with confidence. Here is a...
An executor’s guide to assets inventory in New Jersey
If you are the designated executor of a loved one's estate, creating a comprehensive assets inventory is one of your most crucial tasks. This list serves as the foundation for the entire probate process, ensuring that all the deceased's belongings are accounted for...
What factors can complicate the probate process?
Probate, the court-supervised process of settling someone’s estate after their passing, can be a daunting and overwhelming experience for the family they leave behind. With its intricate web of legal procedures, tax implications and emotional decisions, it is no...
How can an executor prepare before the testator dies?
Becoming someone else’s executor can be a significant duty, often involving various responsibilities that become urgent once the testator dies. Preparing could be crucial if the situation involves complex asset types and circumstances. There may be limited methods to...
Different ways you can donate your estate to charity
People who are passionate about specific causes can extend their support beyond their lifetime by donating through their estate. This thoughtful act makes certain your values live on while benefiting the organizations you hold dear. In America, there are several...
How can you deal with a manipulative executor?
When a loved one dies, the executor of their will has the responsibility of carrying out their final wishes. However, not all executors act with integrity. Some may resort to manipulation and deceit. If you find yourself dealing with a manipulative executor, you may...
3 ways to find proper documentation for estate administration
Managing the affairs of a deceased loved one can be tricky. After all, estate administration comes with plenty of legalities. Without papers such as wills, deeds, financial statements and insurance policies, executors may struggle, and you may have a harder time...
What are some common myths about probate?
Probate is a legal process that takes place after an individual passes away. It involves the administration and distribution of the deceased person's estate, which includes their assets, debts and possessions. The primary goals of probate are to validate the deceased...
What can potentially go wrong during probate?
Probate, the legal process of administering a dead person's estate, can be a complex undertaking. While it usually leads to a fair distribution of assets, there are potential pitfalls that can arise. Understanding these pitfalls is important for those navigating the...