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NJ Specifics If a debt becomes known after the 9-month deadline, the executor has no obligation to resolve it, unless there are still remaining undistributed funds and the court, for good cause, directs the executor to do so (see NJ Rev Stat § 3B:22-14).
The Basics of Probate Timelines Unfortunately, every estate is different, and that means timelines can vary. A simple estate with just a few, easy-to-find assets may be all wrapped up in six to eight months. A more complicated affair may take three years or more to fully settle.
Closing an estate can take just a little over nine months if there's no litigation, no problems determining beneficiaries, and no creditor issues. However, that is, of course, without any difficulties; if there are a few problems in your case, it can take up to a full year.
To finalize the estate and to be discharged from his/her responsibilities, the Executor must obtain a Court Order of Discharge. To accomplish this, the Executor or Administrator must file an Order to Show Cause and Verified Complaint with an attached formal accounting.
The statute of limitations for the challenge of probate is one of the shortest in New Jersey law: the action must be commenced within four months after the Will is admitted to probate (or 6 months if the person bringing the action lives out-of-state).
Do letters of testamentary expire? One question we get is ?do the letters of testamentary expire?? Technically, no, they don't expire. It's not as if your executorship has ended and you need to renew it. Rather, letters are a certificate proving you are still the executor.
The entire process of administering the estate or executing the will usually takes less than a year to complete, depending on the complexity of the estate. Many take much less time, only a few days or weeks to get everything in order.
Probate must occur before the Surrogate in the County of the decedent's residence at the time of death. The Executor must bring the original Will, certified copy of the death certificate, a list of the names and addresses of the decedent's next of kin, and a check book to pay various fees and costs.