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  1. Business Ownership: Limiting Who Can Own or Inherit a Share of a Business

    My question involves business law in the state of: New Jersey

    I'm planning to help out a friend and invest 100% in her small business for a small fee until such time when she's able to buy it back...
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    Re: Closing the Estate

    Thank you. I think I will be able to compose something now. But perhaps I won't have to after all. In the process of doing this research I ended up on the page of the Mercer county surrogate (I'm...
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    Re: Closing the Estate

    No, no. I went through the court of course to be appointed the administrator. I followed the steps and notified the beneficiaries, moved the funds to the estate bank account, obtained signed Bond...
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    Closing the Estate

    I'm done with distributing the estate I was administering. It was just one bank account that got divided into 3 equal pieces. It took a couple of months from the moment I became the administrator to...
  5. Re: Problem with 1041 Form and Closing the Estate

    PS. My grammar above seems a bit sketchy, sorry. What I meant to write was: "The instructions to 1041 claim that if the estate doesn't produce income above 600, 1041 does not have to be filed... "
  6. Re: Problem with 1041 Form and Closing the Estate

    The instructions to 1041 claim that if the estate doesn't produce income above 600, it does not have to be filled unless there are alien non-residents involved in distributing the estate. As I...
  7. Problem with 1041 Form and Closing the Estate

    [New Jersey]
    I've just become an administrator (and one of the 3 beneficiaries) of a small estate. It's one bank account producing no income. The small catch here is that this is a part of a larger...
  8. Is Money Deposited in the Checking Account Tangible or Non-Tangible Property

    The questions may or may not refer to New Jersey law.

    "May not" because the account holder's address (and his residency) is outside the US. However the account was opened in NJ. So that's another...
  9. Re: Administering the U.S. Part of the Estate of Non-U.S. Resident

    All that because the bank changed its mind as to how to deal with the non-US resident's account, sigh. Initially, they just asked for my uncle's Death Certificate and Polish court documents. Then...
  10. Administering the U.S. Part of the Estate of Non-U.S. Resident

    My uncle, who was a permanent resident of Poland for the last 15 years of his life passed away leaving his estate to his siblings all residing in Poland and me: a resident of New Jersey. His will was...
  11. Do I Really Need a Lawyer to Have the Administrator Bond Signed

    My question involves estate proceedings in the state of: New Jersey

    I'm at the end of the process of becoming the estate's administrator. The last remaining piece of the paperwork I need to...
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