Legal Question in Wills and Trusts in New Jersey
Can an annuity check issued a number of years after probate,to the estate be deposited by the personal representative and distributed.
Asked on 8/02/10, 1:35 pm
2 Answers from Attorneys
Robert Davies
The Davies Law Firm, P.A.
I would need to know what is going on to answer your question. Give me a call. 201 820 3460.
Answered on 8/08/10, 9:17 am
Walter LeVine
Walter D. LeVine, Esq.
If the personal representative follows his fiduciary mandates and if the issuer allows it, it can be done. I am presuming the estate bank account, if there was one, has been closed. There may be additional jnuances to this check, like taxable income, so it may be more complicated than just depositing and distributing it. This is a response to an Internet question and the reply is not to be considered legal advice or as creating an attorney-client relationship.
Answered on 8/10/10, 1:47 pm