With the high divorce rate in this county, the number of people in New Jersey and elsewhere who go on to marry again is pretty high. Blending families is a tough job for parents, and sometimes, no matter the efforts taken, there may be some bad blood between step siblings or even step parents. This, of course, can lead to estate litigation issues.
You recently lost a loved one and are going through the probate process in New Jersey. The person assigned as the personal representative of the estate is supposedly working away and getting things done, but you are not sure they are doing everything right. There are issues with assets, and you are worried that you and the other beneficiaries will end up with less than you should because of this one person's mistakes. Through the estate litigation process, you can take these issues to court.
When a loved one passes away, it is not uncommon for one or more family members to question the validity of the will. It happens far more often than people would think. When it does, it is tempting to contest the will. According to laws in New Jersey and elsewhere, this can only be done under very specific circumstances and through the estate litigation process.
Many adult children in New Jersey and elsewhere whose parents remarry later in life fail to get along with their stepparents. When their parent dies, they may question a lot of things regarding the handling of their estates. Sometimes, in such situations, estate litigation is inevitable.
Many New Jersey residents are lovers of art. Some, so much so, that they build amazing art collections over the course of their lives. Having an affluent art collection can be a wonderful thing, but it can also cause issues if what to do with the collection is not properly spelled out in an estate plan. In fact, such collections are often behind estate litigation cases.
Your dad discussed his estate plan with you awhile back so that you would know what to expect upon his death. Well, the time came, you father died, and you got a big surprise. At the last minute, he changed his beneficiaries. Now you are left wondering why and what you can do about it. In New Jersey and elsewhere, a last-minute beneficiary change can lead to estate litigation if those affected feel something is not above board.
You are working on closing out a loved one's estate when, BAM, a disgruntled relative or creditor files claims against the estate. Sometimes estate litigation in necessary to handle the situation. Sometimes, though, New Jersey residents can avoid litigation altogether.¬†
There are a number of things that can result in claims being made against an estate. Failing to protect and manage digital assets is one of them. Much of New Jersey residents' lives is now online, as it is just the way the world is going. If digital assets are not included in an estate plan, or the proper measures are not taken to ensure they can be accessed and passed on to beneficiaries, estate litigation may be inevitable.
Max Hopper was an American Airlines executive who pioneered the company's reservation system. When he died unexpectedly in 2010, he left behind an estate worth over $19 million. Unfortunately, he did not have a will in place, so a bank was put in charge of managing the assets. His surviving family members have since pursued an estate litigation case due to the estate being mismanaged. New Jersey residents who believe that their loved one's estates are not being administered appropriately may do the same.
Your loved one died, and now you have the difficult task of closing out his or her estate. In doing so, you may find that unexpected claims are filed against the estate, or problems with the will or trust documents may exist. In New Jersey and elsewhere, there are two ways to resolve problems with an estate: mediation or estate litigation. Which will work best for you?