Legal Question in Wills and Trusts in New Jersey
Refunding Bond & Release
I signed/notarized a Refunding Bond & Release Letter and only received partial money from the estate! Is this legal and how to resolve it?
Asked on 5/04/09, 10:24 am
1 Answer from Attorneys
Jonathan Chester
The Law Office of Jonathan S. Chester, Esq., LLC
Re: Refunding Bond & Release
It depends.
Did the estate pay the estate/inheritance taxes due on your share and you are only entitled to the net [after tax] amount? If so, then yes, this is proper.
Answered on 5/04/09, 10:29 am