Surety Matters

Estate administrators and executors have a lot of duties in managing estates. They are accountable to all who have claims on a deceased person’s assets. They have to pay claims filed against the estate with estate assets….
Read Moreabout Surety Bonds Ensure that Estates are Managed Honestly

State of New Jersey statutes do not lay out particular requirements in order to be named an estate executor in the State of New Jersey. Essentially, it just has to be an adult. The court will then…
Read Moreabout New Jersey Estate Executor Requirements

When a deceased person dies with a will, an executor is appointed to manage their estate. They have to faithfully perform their duties and work for the interests of the estate and its beneficiaries. But…
Read Moreabout New York Estate Executor Restrictions

Surrogate’s Courts are established in each county in the State of New York to hear cases regarding how to sort out the affairs and assets of people who have died. But Surrogate’s Courts in New…
Read Moreabout Common New York Surrogate’s Court Proceedings

In New York Surrogate’s Court, it’s not uncommon for boilerplate language to be written into a will that waives the requirement for an Executor to have to purchase an estate surety bond to protect the…
Read Moreabout Executors in New York Surrogate’s Court May Need Surety Bonds

When you’re named the executor of a will, you have to manage the affairs and settling of an estate. You have to initiate court procedures and help pay off creditors using the deceased’s assets. So…
Read Moreabout Guidelines for Executors

In the case of someone in New York dying without a will, or intestate, many considerations are deliberated in connection with the appointment of an administrator for the deceased’s estate. Factors such as next of…
Read Moreabout New York Administration Proceedings: What You Need to Know

Executors and Administrators in New York Surrogate’s Court are often required to post an estate surety bond in order to be appointed as a fiduciary. Whether a bond is required is usually within the judge’s…
Read Moreabout New York Surrogate’s Court Bonds: What You Need to Know

When you think of estates and estate planning, you probably think it’s just something that rich people do to pass their assets onto their children. But did you know that there’s a lot more to…
Read Moreabout 5 Things You Didn’t Know About Estate Planning