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Yes, the executor can sell the vehicle. They have to resolve any lien against the vehicle. They should have a letter of authorization that allows them to act on behalf of the estate.
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In NJ can an executor sell the estate's home without the signatures of all named beneficiaries?
No, an executor cannot sell the estate home without the signatures of all involved. This isn't legal or possible in New Jersey.
What is needed to sell 1970 car in NJ?
You need the title to the car in your name.
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.
How do you handle credit card debt of deceased husband in NJ?
The important step is to open an estate. The executor of the estate will deal with the debts and assets. If the debts are joint responsibility, they won't go away.
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.
Which car dealerships in Hackensack NJ sell used Honda cars?
There are various dealerships near Hackensack, NJ that sell used Honda cars. Some dealerships near Hackensack, NJ that sell used Honda cars include Garden State Honda Used Cars, DCH Paramus Honda, and Route 23 Honda.
How do you get a wholesale car dealer's license in NJ?
How do you get a wholesale car dealer's license in NJ?
Who determins the administrator fee of an estate in NJ?
The maximum is established by law. The executor determines the fee and gets it approved by the court.
Where can I find the car insurance rate in nj?
You can go to dmv.com to search for car insurance in the NJ region for free.
Does Liberty Toyota also sell Scions?
"Liberty Toyota is a car dealership in Burlington, NJ that offers car sales and rentals. In addition to Toyotas, this dealership also has an inventory of Scion vehicles as well."
What is the legal responsibility of an executor in NJ?
To inventory the estate, pay the debts and taxes and distribute the remainder. The distribution is according to the will or the laws of the state.
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.
