Legal Question in Wills and Trusts in New Jersey
in nj do beneficiaries have to right to see account balances and transactions in the estate. so far the executor has refused information.
Asked on 6/28/12, 1:48 pm
2 Answers from Attorneys
Robert Davies
The Davies Law Firm, P.A.
oh, that is not good. yes, the answer is yes, beneficiaries get to see what is going on.
please call me, I can assist you. no charge for the first consultation.
Robert Davies, Attorney
201 820 3460
Answered on 6/28/12, 1:52 pm
Walter LeVine
Walter D. LeVine, Esq.
Yes, the estate representative (executor or administrator) has the fiduciary duty to provide an accounting to all beneficiaries except those receiving specific bequests (gifts of specific assets or amounts that are not part of the residual estate). If this is not done, the beneficiaries can initate court action to compel it.
Answered on 6/28/12, 7:52 pm
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