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My ex died. Will any of his assets come to me? - Vimarsana News

My ex died. Will any of his assets come to me?

My ex died. Will any of his assets come to me? Updated 9:30 PM; Q. I was married for 21 years. When I divorced my husband, he had been in prison for trying to kill me so I asked for nothing in the divorce because I was afraid of him. I only had an attorney the court appointed. He died in August and somehow my adult daughter got all the money from his death benefits and pension. Does this sound like a normal situation? — Divorced And unfortunately for you, there’s probably nothing you can do. Divorced spouses are not entitled to benefits upon death unless the benefits were part of a prope...

Source: nj.com
What are the advantages of putting assets into a trust? - Vimarsana News

What are the advantages of putting assets into a trust?

What are the advantages of putting assets into a trust? Updated Mar 17, 2021; — Planning While you are competent you can act as trustee, alone or with another as co-trustee. When you no longer wish to manage, or when you are no longer capable of managing your affairs, your co-trustee or a successor trustee can assume all of the duties, said Catherine Romania, an estate planning attorney with Witman Stadtmauer in Florham Park. If you did not place your assets into a revocable trust, you would need to appoint an agent under a durable power of attorney to handle your financial affairs, she sa...

My brother died. Are these fees taken from his estate legal? - Vimarsana News

My brother died. Are these fees taken from his estate legal?

My brother died. Are these fees taken from his estate legal? Updated Feb 02, 2021; Q. I’m a beneficiary to my brother’s estate in New Jersey. My younger brother, the executor, is also a real estate broker. When he sold two properties from the estate, he paid himself real estate commissions totaling about $75,000. He never accounted for the rents on the real estate for the two years he managed the properties. Can he do this and do I have any recourse? — Older brother A. It can get ugly when family members question how an estate is being handled by another relative.

Source: nj.com
If I move to Florida, will the N.J. inheritance tax be due? - Vimarsana News

If I move to Florida, will the N.J. inheritance tax be due?

The inheritance tax is based on the deceased's relationship to the heirs.

Will I owe inheritance tax on my deceased mother's house? - Vimarsana News

Will I owe inheritance tax on my deceased mother's house?

The inheritance tax is based on your relationship to the person who died.

Source: nj.com