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Tag: New Jersey

Avoiding Probate Through a Transfer-on-Death Deed – Not in NJ!

Posted on Thu Nov 13, 2014, on Probate and Estate Administration

For some New Jersey estates, spending a little money now to avoid probate with the Camden County Surrogate at death can create a substantial savings for the family. Typical techniques used to avoid probate in New Jersey include Revocable Living Trusts, Jointly Owned Accounts and Payable-on-Death designations on bank accounts and stock accounts.

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Dying Without a Will in New Jersey with Stepchildren

Posted on Wed Nov 12, 2014, on Estate Planning

If you die without a will in New Jersey you are said to die “intestate”. If you die intestate, your probate assets are divided up under the New Jersey Intestate Rules. These rules can easily be avoided by writing a will, but if you do not have a will, the Intestacy Rules are in place to clearly state who inherits your probate property in order to avoid conflict.

Klenk Law

Dying Without a Will – Intestacy Succession for Foster Kids

Posted on Fri Nov 7, 2014, on Estate Planning

If you die without a will in New Jersey you are said to die “intestate”. If you die intestate, your probate assets are divided up under the New Jersey Intestate Rules. These rules can easily be avoided by writing a will, but if you do not have a will, the Intestacy Rules are in place to clearly state who inherits your probate property in order to avoid conflict.

Klenk Law

LGBT Intestate Succession for the Spouse in New Jersey

Posted on Mon Oct 20, 2014, on LGBT Estate Planning

Many people believe that if they are married without children, there is no need for a Will. They believe that if they die, all their assets will pass to their spouse. In New Jersey, that may not be true.

First let me give you some background. If you die a resident of New Jersey without having signed a Will, you are “intestate”, and the New Jersey Rules of Intestacy dictate who inherits your Probate Assets.

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Beneficiaries and an Unresponsive Executor in Atlantic County, NJ

Posted on Wed Oct 15, 2014, on Estate Litigation

Question: My father died over two years ago and the executor has not yet sold the Brigantine house and will not return my calls, what can I do?

The executor is a fiduciary, with an obligation to follow the terms of the Will.
First, the beneficiary should examine the Will. Does the Will give any specific instructions concerning the house? Klenk Law often states in the Wills they draft that real estate “shall be sold”, to be clear that the executor needs to move forward selling the property.

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Keeping an Eye on the Executor in Camden County

Posted on Mon Oct 13, 2014, on Probate and Estate Administration

Beneficiaries of Camden County estates will often approach us asking our help in keeping an eye on the estate’s executor. This is often the result of the executor not sharing information about the estate with the beneficiary, the executor’s unreasonable delays, or when the executor’s behavior has raised the beneficiary’s concern.

When we are asked about what steps a beneficiary can take to keep an eye on the executor, I will outline various options, such as:

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