Legal Question in Wills and Trusts in New Jersey

if all beneficiaries signed and returned the release and refund bond except one due to he did not receive the accounting from the attorney or executor, the estate property has been sold and all debts paid according to the attorney. can he hold the distribution of the monies awarded to the other beneficiaries? or can they demand their shares to be paid to them?


Asked on 9/16/15, 5:47 pm

1 Answer from Attorneys
Jonathan Chester The Law Office of Jonathan S. Chester, Esq., LLC

Unless and until all beneficiaries 'sign-off' I would advise the executor not to make the distributions...because without all beneficiaries approving the accounting the release is meaningless since the executor can still be sued by the 'holdout' beneficiary.

This seems like a simple misunderstanding...why can't someone send the beneficiary a copy of the accounting and have him sign off?

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Answered on 9/17/15, 5:53 am


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