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In NJ is the Executors fee based on the gross or net amount of the estate?
Gross.
Is executor fee in NJ taxable?
Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.
What actors and actresses appeared in The NJ Real Estate Show - 2010?
The cast of The NJ Real Estate Show - 2010 includes: Antonia Roman as Herself - Host
Where you can find information for NJ real estate state exam?
The NJ Dept. of Banking and Insurance oversees the NJ Real Estate Commission, which supervises licensing. You can visit the site in the related links below for licensing requirements.
How do you transfer the deed of a deceased parent in NJ to surviving children?
When a decedent owned real property their estate must be probated for title to pass to the heirs. Also, the court must appoint a representative of the estate. You should seek the advice of an attorney who specializes in probate law for the procedure in your particular jurisdiction. In NJ, either the executor or the administrator will sign what we call an "executor's deed" where there is a will or an "administrator's deed" where the is no will. This is to formalize the transfer of the property. It is important to know that the beneficiaries or heirs technically own the property as of the date of death rather than the date of the deed. This deed is a formality only.
Is the NJ Realty Transfer Fee tax deductible?
It is not Deductable, either is the commission you pay, or any fees that goes to the lawyer, the only deduction is any real estate tax that you have paid in advanced. Other than that, you owe it all.
How do you determine the gross amount of an estate in NJ?
Estate appraisal is a very complex area of financial law. If you are trying to determine the gross amount of an estate in NJ, it is recommended that you contact a lawyer who specializes in estates. This ensures that everything is done legally and that you get the most value.
Is surviving spouse responsible for medical bills in NJ?
Only if she is the executor of the estate. The executor is responsible for all estate debts.
In NJ Is the wife responsible for her medical bills after his death if there is no estate?
His estate will be responsible. Indirectly, the wife will either have to pay it or get a smaller inheritance.
What are the release dates for The NJ Real Estate Show - 2010 Mortgage Loans 1-6?
The NJ Real Estate Show - 2010 Mortgage Loans 1-6 was released on: USA: 2 November 2010
What are the release dates for The NJ Real Estate Show - 2010 Are You Ready to Buy 1-4?
The NJ Real Estate Show - 2010 Are You Ready to Buy 1-4 was released on: USA: 19 October 2010
What are the release dates for The NJ Real Estate Show - 2010 Home Inspections 1-12?
The NJ Real Estate Show - 2010 Home Inspections 1-12 was released on: USA: 14 December 2010
