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Living trusts are often the go-to option to avoid probate court, especially in states where there are major benefits to avoiding entering a will into probate. New Jersey law allows you to put almost any asset in a living trust. We can help you design a living trust that meets your individual needs.
A New Jersey small estate affidavit, or Surviving Spouse Affidavit of Assets and Declaration, is used to transfer a decedent's estate to a surviving spouse without court administration.
Specific information is needed to determine the identity of the Heirs at Law of the Heir Property. A properly prepared Texas Affidavit of Heirship must provide the following information: The deceased owner's full name, last address, date of birth and date and place of death.
These are considered non-probate assets and include the following: Assets the deceased person owned with someone else in joint tenancy or tenancy by the entirety. ... Assets that have a named beneficiary outside of the will. ... Life insurance proceeds or pension benefits that are payable to a named beneficiary.
An Affidavit of Next of Kin is filed setting forth that the affiant is the next of kin of the intestate, and that the aggregate value of the intestate's estate will not exceed $ 20,000.
There is a summary probate procedure in New Jersey if there's no Will, the value is less than $20,000 and a surviving spouse will receive everything.
The Declaration of Heirs aims to legally establish the quality of heirs who succeed in an inheritance, establishing their legitimacy to proceed to the division of that inheritance. As a rule, the declaration is made to designate the heirs; and not some legatees who also succeed in that inheritance.
An Affidavit of Next of Kin is filed setting forth that the affiant is the next of kin of the intestate, and that the aggregate value of the intestate's estate will not exceed $ 20,000.