Legal Question in Wills and Trusts in New Jersey
if an executor (for reasons unknown) doesnt pay property taxes on a home and doesnt file state and federal tax forms within the 8 month requirement, are they responsible for all the late fees/penalties or are the beneficiaries responsible with those?
Asked on 9/10/12, 10:59 am
2 Answers from Attorneys
John Ducey
Law Offices of John G. Ducey, PC
The Estate is responsible. There could be an action by beneficiaries to have the current executor removed.
Answered on 9/13/12, 7:10 pm
Walter LeVine
Walter D. LeVine, Esq.
I AGREE AND HEIRS SHOULD CONSIDER ACTION TO SANCTION EXECUTOR.
Answered on 9/16/12, 12:41 pm