Legal Question in Wills and Trusts in New Jersey
Wills and Estates - NJ
A. Bob is the executor for George's estate. George dies and Bob probates and is handling distribution of estate as George's Will.
B. Paul is the executor of Bob's estate. Bob dies but George's estate isn't completed.
Q: Would Paul then become the executor of handling the rest of George's estate in Bob's stead?
2 Answers from Attorneys
Re: Wills and Estates - NJ
I agree with Walter. In your example, Paul, as executor for Bob's estate, should be aware that Bob's estate may be entitled to all or a portion of the executors commission for handling George's estate. Paul may also want to be sure that Bob's estate is released from any liability when it is time to prepare the estate accounting for George's estate as well.
Re: Wills and Estates - NJ
No, there may be a successor named to Bob under George's Will and he wouild take over for Bob. If no one is named to succeed Bob, Paul may apply to be Administrator, but if there are close relatives, they may be entitled to be appointed ahead of him.