Legal Question in Wills and Trusts in New Jersey
liquid assets
are stocks considerd part of the estates liquid assets
3 Answers from Attorneys
Re: liquid assets
Yes,without having more facts before me, an answer basically is "stocks" are considered part of the estate.
Re: liquid assets
Typically yes...assuming you are talking about stock in a publicly traded company. The stock would be part of the estate, and assuming it can be sold in the normal course, it would be considered a 'liquid' asset because it could be converted to cash quickly (as opposed to most real estate or a closly held business for example).
Re: liquid assets
I AGREE. ANY REGUALRLY TRADED SECURITY (STOCK, MUTUAL FUND, BOND, ETC.) COULD BE CONSIDERED PART OF LIQUID ASSETS LIKE CASH, BANK ACCOUNTS, C/D'S, ETC. THE TERM GENERICALLY REFERS TO ANY ASSET THAT CAN BE EASILY LIQUIDATED (SOLD) TO BE CONVERTED INTO CASH/MONEY.