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New Jersey Administration Affidavit of Assets (For Other Than...

New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse)

Name: New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.73 (210 reviews)

Category:

New Jersey Local County - Essex - Administration

State:

New Jersey

Control #:

NJ-SKU-0362

Format:

Instant download

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Description

Administration Affidavit of Assets (For Other Than Surviving Spouse) The New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse) is a legal document used to identify and list all the assets of a deceased individual for use in the administration of their estate. This affidavit is completed by the executor or administrator of the estate and is filed with the Surrogate’s Court in the county where the deceased resided. The affidavit must include an itemized list of all the deceased’s assets, such as real estate, bank accounts, stocks, bonds, and personal items. The New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse) also requires a separate listing of all the deceased’s debts. There are two types of New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse). The first is an Inventory Affidavit, which provides information on the types and locations of assets and the approximate value of each asset. The second is a Statement of Assets, which provides more detailed information about each asset, such as the exact value, the date of purchase, and the source of funds used to purchase the asset.

The New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse) is a legal document used to identify and list all the assets of a deceased individual for use in the administration of their estate. This affidavit is completed by the executor or administrator of the estate and is filed with the Surrogate’s Court in the county where the deceased resided. The affidavit must include an itemized list of all the deceased’s assets, such as real estate, bank accounts, stocks, bonds, and personal items. The New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse) also requires a separate listing of all the deceased’s debts. There are two types of New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse). The first is an Inventory Affidavit, which provides information on the types and locations of assets and the approximate value of each asset. The second is a Statement of Assets, which provides more detailed information about each asset, such as the exact value, the date of purchase, and the source of funds used to purchase the asset.

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FAQ

Affidavit of Next of Kin A document issued by the Surrogate which allows the next of kin to dispose of the decedent's property. This affidavit is issued in cases where there is no will, no spouse, and the total value of the property does not exceed $20,000.

If a person dies without a Will and is survived by a spouse or domestic partner, and the total value of the real and personal property does not exceed $50,000.00, the spouse or domestic partner may obtain an Affidavit of Surviving Spouse or Domestic Partner in lieu of filing a formal Administration.

An Affidavit of Surviving Spouse or Domestic Partner or Civil Union Partner is filed setting forth that the affiant is the surviving spouse or domestic partner or civil union partner of the intestate, and that the aggregate value of the intestate's estate will not exceed $ 20,000.

Who is legally eligible to handle the estate? The appointment statute gives first priority to the ?surviving spouse or domestic partner? and if there is no surviving spouse? then to the remaining heirs of the intestate, or some of them, if they or any of them will accept the administration.? N.J.S.A.

If you die without a Will, or ?intestate,? your probate assets and estate are divided ing to New Jersey's intestate laws. The Surrogate will determine whether or not an Administrator needs to be appointed, depending on the size of the estate.

The law in New Jersey gives surviving spouses the right to a minimum equivalent to one-third of the ?augmented estate? of the deceased loved one. Augmented estate means gross estate, which certain administration fees will reduce.

More remote cases are not covered here. Remember, the State of New Jersey takes your property if you have no Last Will and you do not have a spouse, child or descendants; parent(s); brother(s) or sister(s) and their descendants; grandparent(s); uncle(s), aunt(s) or their children; or their grandchildren.

The law of intestate succession in New Jersey states that: If you die leaving a spouse, a registered domestic partner, or civil union partner and children who are also the children of the spouse or legal partner, the spouse/legal partner receives 100% of the estate and no bond is required to be posted.

More info

Fill out the Affidavit for Collection of Personal Property of Decedent (AOC-E-203B). 2. The surviving spouse of a decedent who died with or without a will may petition the Clerk of Superior Court for an order of summary administration if the spouse.No petition for the appointment of a personal representative of the decedent's estate is pending or has been granted in any jurisdiction. 3. Instructions: 1) This form may be used to settle a decedent's estate using the small estates procedure under C.G.S. section 45a-273. The affiant presents a death certificate and a list of the assets to the Surrogate. Small Estate Affidavits (called SEAs for short) can be a fast and affordable way to transfer property to a decedent's heirs. There is no surviving spouse, and the petitioner is a next of kin of said decedent. Share of Heirs Other Than Surviving Spouse . Surviving Spouse, Children, Heirs at Law (MPC 162) and Devisees (MPC 163) . Suppose the decedent is married, and someone other than the surviving spouse applies for the affidavit.

New Jersey Administration Affidavit of Assets (For Other Than Surviving Spouse)

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