by Knee Law | Jun 4, 2023 | Probate, Probate Administration
Tips for Avoiding Ancillary Probate in Your Estate Bequeaths In the United States, about 7.15 million single-family houses are second or vacation homes. This accounts for just over 5% of the American housing stock, and these houses often complicate the distribution of...
by Knee Law | Jun 30, 2021 | Probate, Probate Administration
How the Probate Process Handles Debts If your loved one has recently died and has left property, a mortgage, and some debts, it’s likely that the estate would be taken through the probate process. In 2016, only 44% of people in the U.S. had created an estate...
by Knee Law | Apr 29, 2021 | Probate Administration
Duties Commonly Performed by an Executor If you’ve been thinking about making a will, you will need to determine who will be the executor. Despite the importance of creating a will, less than 33% of people in the U.S. have done. When you want to prepare a will...
by kneelawfirm | Jul 15, 2019 | Probate, Probate Administration
Debts and Taxes | Distribution of Assets and Closing of the Estate In the first blog in the series, we looked at the requirement that the executor or administrator must be formally appointed by the surrogate court, and briefly discussed the obligations with respect to...
by kneelawfirm | Jul 11, 2019 | Probate, Probate Administration
Appointing an Executor or Administrator | Handling Estate Assets If you’ve been named as executor under a last will and testament or have the right to become an administrator of an estate in New Jersey as an heir at law, you may think that gives you the power to start...