Blackwood, New Jersey has a legal process known as "probate." This is when a court decides whether or not a will is binding, and, accordingly, whether or not to effectuate its provisions.

In the probate process, a Blackwood, New Jersey probate court has many duties, including ruling on a will's validity, making an inventory of the estate's assets, and making note of all the decedent's debts. Once the will is determined to be valid, the court will distribute the property according to its terms.

Wills commonly name a person as the executor of the estate. If not, the court in Blackwood, New Jersey will name one. This is most often the adult individual who stands to inherit the most money or property from the will.

Because the executor is responsible for really initiating probate proceedings and seeing them to completion, the person chosen for this role is often the one who stands to inherit the most from the will - giving them an incentive to put in the necessary time and effort.

Duties of the Executor in Blackwood, New Jersey

The executor has many duties concerning the will. First, they have to really initiate the probate proceedings, which must be completed before the will is effectuated.

The executor also has to give those with a direct interest in the will notice that the decedent has died, by filing an official death certificate.

Because people who stand to inherit from the testator may be scattered around the country, or even the world, contacting them is sometimes difficult. One of the responsibilities of the executor is to gather a list of everyone who is entitled to inherit from the decedent, so attempts to contact them can be made. They further have to account for all the testator's debts and assets.

As the representative of the estate, the executor has to take charge of the probate process, filing the required court papers, and, if necessary, hiring an attorney for assistance. If the estate is large, and the executor stands to inherit a great deal of money once this process is fulfilled, they'll probably find it to be worth the time and expense.

How Can A Blackwood, New Jersey Lawyer Help?

Because of the intricacies inherent in the probate process, it is a good idea to hire an accomplished Blackwood, New Jersey probate lawyer, particularly for the executors of estates.