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Helping with the administration of intestate estates

Many people put off creating a will, assuming they have plenty of time to do so in the future. Unfortunately, death is no respecter of age. No one can predict when they will pass away. If you pass away without a will or trust, this is known as intestacy, and the deceased's estate will go through probate. Without a will or trust, New Jersey has statutes in place that determine who will get your property.

Moreover, when an intestate estate goes through probate, someone needs to serve as the administrator of the estate. Sometimes this person is a relative of the deceased person. However, oftentimes the deceased's relatives cannot agree as to who should be the administrator, adding family strife to what is already a time of grief.

If you want to be the administrator of a loved one's intestate estate it may help to get more information about the process. Doing so can help an estate administrator obtain the renunciations that are necessary from the deceased person's other relatives. Through a renunciation, a relative gives up the right to be an administrator of the deceased's estate. This gives you the right to be administrator.

In addition, in order to obtain the right to administer the deceased's intestate estate, you must be bonded. Bonding companies often demand that whoever wants to be the administrator of the deceased's estate must have legal representation.

Also, keep in mind that once you are secure in your role as administrator, there are a lot of obligations you must fulfill. Oftentimes a person finds these obligations to be difficult and confusing, particularly if they have never administered an estate before. At our law firm, we attempt to help our clients with all of the aspects of administrating an estate. To learn more about intestacy in New Jersey, our law firm's intestacy webpage may be of use.

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