Selecting your executor is an important part of planning your estate. The right executor can help the probate process go smoothly and ensure that your wishes are carried out. Conversely, an executor who is unable or unwilling to perform the necessary duties can cause serious problems.
When a loved one passes away, it is completely understandable that you would want to get through the estate administration process as quickly as possible. Unfortunately, that does not always happen. Disputes arise and estate litigation becomes necessary. If you are facing estate litigation in New Jersey, how you handle the issue and who you have on your side matters.
Depending on one's state in life, thinking about end-of-life matters may not seem all that important right now. The truth is, all adults in New Jersey, regardless of age or financial situation, should consider having an estate plan. Here are a few reasons why going through the estate planning process now is a wise decision.
Few New Jersey residents have the same level of assets music icon Aretha Franklin had when she died. Still, her case is one everyone can learn from. She is said to have died intestate -- without a will or trust. This means that probate is necessary and estate litigation is a very real possibility, which could drag out the administration process.
Tim Conway is known for the various roles he has played on television since the 1960's. Now, at 84 years old, he is battling dementia and requires skilled nursing care 24 hours a day -- which he is currently receiving at what his daughter calls an excellent facility. His wife, on the other hand, wants him moved to another care center. Who will get their way? This kind of situation is often seen by elder law attorneys in New Jersey and elsewhere.
A district attorney in a neighboring state died from cancer in 2016. Less than two week's before his death, he changed his will. This resulted in his mother pursuing estate litigation in an effort to get the new will thrown out. Such legal action may also be pursued in New Jersey for individuals dealing with the same type of situation.