Dayton, OH asked in Probate for New Jersey

Q: I am the executor of a will that was filed in NJ. Do I have to supply the heirs details of all financial transactions?

I am being asked to give evidence of all financial transactions made since the date of death (4/21/2016). If I need to do this, am I able to give copies of the Inheritance Tax paperwork or the bank statements, or do I have to copy the bank ledger? Thank you

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1 Lawyer Answer
Jaclyn Healey
Jaclyn Healey
  • Probate Lawyer
  • Metuchen, NJ
  • Licensed in New Jersey

A: Depends. Towards the end of the probate process you do an "accounting" which lays out all of the money that has come in and gone out of the Estate. If all of the beneficiaries agree you can waive this, and just go straight to the R&R bonds.

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