Maryland Judiciary Releases Steps to Soon Reopen Courts
Starting October of this year, courtrooms in the state of Maryland are hoping to fully continue lingering legal operations in a phased-in strategy that could take the entire summer. Though many court proceedings have been…
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How to Set Up a Trust
A trust is created when the trustor, grantor, or settlor transfers property to the trustee, who will efficiently manage the property for the beneficiaries. A trust is one slice of a comprehensive estate plan, partnered…
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New Jersey Intestate Succession Laws
If someone dies without a will in the State of New Jersey, that person’s assets will pass according to New Jersey’s intestate succession laws. This generally only affects assets owned alone in the deceased person’s…
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New Jersey Estate Executor Requirements
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…
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New York Estate Executor Restrictions
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…
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Why Do Courts Require Surety Bonds?
Court bonds, such as appeal bonds, may be required in court proceedings to enable a party to pursue a remedy in court. Fiduciary bonds guarantee the faithful performance of court appointed fiduciaries such as executors,…
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Executors in New York Surrogate’s Court May Need Surety Bonds
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…
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Guidelines for Executors
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…
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New York Administration Proceedings: What You Need to Know
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…
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