Friday Jan 31, 2025

The Matus Law Group New Jersey - The Matus Law Group - (732) 281-0060

Located in New Jersey, The Matus Law Group is committed to helping families face important legal matters with care and attention. With over 20 years of experience, our team has built a reputation for providing thoughtful and skilled guidance to families planning their futures. We strive to provide solutions that reflect each client’s unique goals and concerns.

How can the Personal Representative of an estate in New Jersey access funds to pay the estate’s debts?
In New Jersey, the person managing the estate can withdraw up to half of the funds from the deceased’s bank accounts. A Surrogate’s (Short) Certificate is needed to access these funds. The money should then be deposited into an estate checking account, which will be used for financial matters related to the estate.

Who is a Surrogate in New Jersey?
A Surrogate in New Jersey is a constitutional officer responsible for handling certain aspects of estate administration. This includes validating wills in uncontested cases and appointing individuals to manage estates. Each county has a Surrogate’s Court, with an elected Surrogate serving as the judge for a five-year term.

What can happen to my will if I move to a new state?
If you move to a new state, state-specific laws could impact your existing will. Although rare, some legal differences could make it invalid. Additionally, differing marital property rules may cause complications. It’s recommended to review your estate plan with a local attorney after moving.

The Matus Law Group

81 E Water St #2C, Toms River, NJ 08753, United States

(732) 281-0060

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