Receivers vs. Trustees in Bankruptcy
Both receivers and trustees are involved in bankruptcy, but only certain types. Receivership is both a feature of Chapter 11 bankruptcy, which is used for reorganization of a business entity under the United States bankruptcy…
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What Happens if My Parents Die Without a Will?
It’s not uncommon for a family member to pass away without a will. Whether it’s because they don’t want to confront the end of their life approaching or simply don’t think they have enough assets…
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What is a Trustee?
Trustees can do a number of different things, but an easy way to describe what they do would be that they are fiduciaries who oversee the day to day management of assets placed in a…
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What You Need to Plan an Estate
Nearly everyone has some sort of asset they would like to pass on once they pass away. But if you don’t properly plan your estate, your assets may not pass to who you would prefer,…
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How is an Estate Administrator Chosen?
One main purpose of writing a will is to choose who will serve as the executor of your estate. But what happens if someone dies without a will? The court can appoint an administrator or…
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Take Appeal & Supersedeas Bonds Into Account At Start of Cases
When attorneys start thinking about a pending legal case, they’re usually thinking about the evidence they have on their side, legal precedent, or the credibility of their witnesses. It’s pretty safe to say they’re not…
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Closing the Estate & Estate Surety Bonds in New Jersey
Administrators of intestate estates or executors under a will are required, pursuant to N.J.S.A. 3B:10-23, to settle and distribute an estate “as expeditiously and efficiently as is consistent with the best interest of the estate.”…
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Federal Rules of Civil Procedure Now Allow 30 Days for Appeal Bond
Effective December 1, 2018, several changes to the Federal Rules of Civil Procedure were enacted, including rules mandating electronic service and filing for persons represented by counsel, establishing a national signature standard for electronic filing…
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Florida Probate Court Personal Representative Bond Requirements
Here’s something you probably didn’t know: when you’re named as a personal representative in a Probate Court case in Florida, the court requires you to purchase an estate bond to protect interested persons in the…
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