Being named as a beneficiary or being an heir at law does not mean that you have to accept what is designated to go to you. It is possible to decline to receive your inheritance. A disclaimer is the form that would be executed to refuse receipt of what was left to you. The result […]
New Jersey requires that a refunding bond and release be executed by a beneficiary to receive what was lef to them in the estate. This document serves two key functions. First, the beneficiary acknowledges their responsibility to return what was received if additional debts of the estate are uncovered and there are no other means […]
If you are the executor or administrator of an estate, one of the first things you will need to do is provide notice that the estate has been opened to all individuals who stand to inherit from the decedent. This list may include individuals listed in the will as well as individuals who would inherit […]
Pennsylvania does apply a tax on assets passed through probate or intestacy. The amount of tax depends on the net value of the estate as well as the relationship of the beneficiaries to the decedent. The first step is to add up all the assets of the estate. The next step is to subtract permissible […]
A deed is the document that reflects ownership in real property. A deed should be recorded with the appropriate county office that maintains records for all real property. You may need to change your deed for a variety of reasons. Any changes to a deed require that a new deed is created and recorded to […]
Life is unpredictable and from time to time circumstances may arise that disrupt your normal routine. If you share a child with a former partner, part of your normal routine likely involves a custody schedule. The question then becomes what happens to my custody schedule in an emergency situation. Presently, our country is battling the […]
Retirement benefits are one of the assets that may be up for division in a divorce action. If you or your spouse was a railroad employee, there are a few things to keep in mind with respect to equitable distribution of a railroad retirement benefit. First, railroad retirement is comprised of two components: Tier I […]
The first step is to appear before the county surrogate to probate the will. The earliest you can initiate probate is after at least ten (10) days have passed since the date of death. The original will is required along with death certificate. You should also have an idea of the estimated value of the […]
As the executor or administrator of a decedent’s estate, you’ll need to review any outstanding debts or liabilities owed by the decedent. These expenses should be paid out of the estate prior to making distributions of assets to intended beneficiaries. One way of identifying any debts owed is to monitor the decedent’s mail for statements […]
Ancillary probate is the probate process that occurs in a different jurisdiction that the primary probate because the decedent owns real estate that is located outside of their state of residence. Ancillary probate may also be necessary to address tangible property that is registered and titled outside the home state, or livestock, oil, gas or […]
Contact our office by calling 215-752-6200, book online now, or contact us by email. We can meet you in our office or speak with you by phone.
