Get a Secure Inheritance Loan, usually within 72 Hrs if you’re an Heir or Beneficiary of an Estate in New Jersey, in Probate or Trust
If you are currently dealing with, or about to deal with, the New Jersey state court system with respect to a probate or estate issue – the following information should be helpful to you.
Probate law governs estate matters when someone who, such as a family member or other loved one, passes away. These laws insure that creditors are paid properly and that assets are distributed correctly to the “heirs,” or the descendant(s) of the estate.
What is the purpose of Probate? Probate is the legal process that deals with estate assets and property, with regard to heirs and creditors. Probate begins with a “petition” to open the estate and name a personal representative who is responsible for the administration of the deceased’s property.
The next step is when an official Notice of Creditors is printed in a local newspaper and Notice of Administration is sent to other involved parties. Creditors then have a set amount of time to file their claims from the first date of publication. Then the personal representative can pay the debt and distribute the remaining estate. Finally, a petition for discharge is filed, and the estate is closed.
New Jersey Probate Law
Probate in the state of New Jersey requires that the people managing your estate and inheritance matters are well aware of exactly how probate should be conducted, with regard to state probate regulations, deadlines and written documents.
All documents displaying interest in the estate are important to be familiar with in New Jersey, plus deadlines imposed by the probate court. Documents stating “interest” in the estate need to be filed with the probate court within 9 months of the passing of the decedent. The handing over of the decedent’s property after the passing of the decedent is also a critical step. It is essential to discuss the distribution process with your probate lawyer, and with your personal representative.
When going through New Jersey probate, one has to be familiar with issues associated with the will. The handling of all probate documents is critical. They must be written and filed correctly with the probate court, as the heir or heirs’ inheritance is directly impacted by these various stages of probate. This is precisely why it is so important to have the experienced counsel and support of a probate lawyer licensed in the state of New Jersey.
The deadlines governing the delivery of probate documents such as inventories, requests, affidavits and waivers is crucial, in an effort to avoid delays or unnecessary obstacles during the probate process. Also important in New Jersey is the devolution of property. Property is distributed to heirs of the decedent’s estate, and must stay in strict compliance with New Jersey state probate law.
You will most likely need a probate lawyer to accomplish all of these tasks quickly and correctly. Hiring a probate lawyer who is familiar with New Jersey probate law will serve you well. Your probate attorney should, in fact, be there through the entire probate process to insure the inheritance process is being handled properly. We do not advise going through New Jersey probate alone, in order to completely protect your inheritance and the inheritance of the other heirs.
New Jersey Probate Resources
New Jersey does not have a separate probate court. The Superior Court has jurisdiction over civil, estate, and juvenile matters. The court allows jury trials for most cases.