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Articles Posted in “New Jersey estate administration attorneys”

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The Effect of Joint Ownership on a New Jersey Estate’s Inheritance Tax Liability

Except in the case of spouses, civil union partners and domestic partners, when a New Jersey resident dies owning a jointly held asset, whether it is real estate, stocks, bank accounts, etc.,  the entire value of the asset will be taxed as if it belonged to the decedent.  If the…

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The Fiduciary Obligations of an Executor in New Jersey

When you discover that you are named as the executor of an estate, it can be overwhelming. The executor of an estate has a fiduciary obligation under New Jersey estate law to administer the estate and collect and distribute the assets in accordance with the last person’s will. The first…

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