Legal Question in Wills and Trusts in New Jersey

We wish to close out my dad's estate.I am one of the 2 children and the executor- there was a will naming the 2 children the beneficiarys to share in the estate 50-50. There are no issues..debts paid, taxes filed, appropriate forms filed with state; 2 children are the beneficiary's....no disputes. I want to now dispurse the funds from the estate, close out the estae acccount and move on. We're in New Jersey.....can I simply write a check and split everything equally?


Asked on 6/02/11, 6:16 pm

1 Answer from Attorneys
Walter LeVine Walter D. LeVine, Esq.

Yes. KISS (Keep it simple) can be done here, as long as you have closed the estate with the Surrogate (filing Refunding Bonds and Releases whereby all beneficiaries signed off that that they have received their entitlement from the estate). If you have not filed RB&R and need a form, it should be available at the Surrogate's web site.

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Answered on 6/03/11, 9:02 am


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