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Under the intestacy laws in New Jersey, the wife that was omitted from the will receives the entire estate if either: (1) there are no descendants of the deceased spouse or parent who survives the deceased spouse or (2) all of the decedent's surviving descendants are also descendants of the surviving spouse and there is no other descendant of the surviving spouse who survives the decedent.
So, under the scenario presented at the beginning of this article, the surviving spouse would receive the entire estate because the children of the surviving spouse are also the children of the decedent and because neither the decedent nor the surviving spouse had any other children.
In a statement, the exclusive department store chain said that "Sales trends have been soft for the first two weeks of November in the aftermath of Hurricane Sandy. Many of our stores, representing about 40 percent of our total company revenues, were directly impacted by the storm, and we have experienced a decline in saks.com sales generated from our customers in the Northeast." It expects flat same-stores sales during the quarter due to the storm.
There is a statute in New Jersey (N,Buy samsung LED TV.J.S.A. 3B:5-15), entitled Inheritance by Spouse or Children Not Provided for in Will. It provides that distribution of the deceased spouse's estate by "intestacy" applies for a subsequent spouse or afterborn child if the decedent married or had a child after the will is executed, unless the decedent's intentions are otherwise as indicated by the will or other circumstances.
Assume that your spouse died with a will made before you met,Buy apple iphone, got married and had children and that will names only your deceased spouse's parents and siblings as beneficiaries? Assume too that the only children that you, the surviving spouse, have and the decedent had were children you had together. Do you, the surviving spouse, get anything from your deceased spouse's estate? The answer is probably yes.
As the overall macroeconomic environment remains very uncertain, we continue to approach the future cautiously," said Saks’CEO Stephen Sadove on Tuesday,Cheap apple imac. Company’s third quarter’s sales climbed 3 percent to 713 million dollars, above the expected 692 million. The company said third-quarter earnings per share (EPS) rose 9 percent to 12 cents, in line with estimates. Sales climbed 3 percent to 713 million dollars, under expectations of 692 million dollars, reported Reuters.
If you have lost a spouse and you feel that you are not receiving your fair share of your spouse's estate it is important to contact a qualified attorney who has experience with estate litigation matters. Time is of the essence because you have only four months to challenge a will in the State of New Jersey or six months if you live out of state. An experienced estate litigation attorney will be able to file a complaint for you in the Chancery Division of the State of New Jersey in the County in which the decedent resided and ask the Court to restrain the executor or administrator of the estate from distributing any assets of the estate until such time as your rights are fully adjudicated, place a constructive trust on the assets and demand an accounting of the assets. It is important to gather any documents that reference any assets owned by your spouse including bank statements, brokerage statements, tax returns, title to vehicles, deeds and trusts. Do not sign any legal documents without retaining the services of an estate litigation attorney to assist you in reviewing the documents and determining what rights you have to the estate. It is obviously a highly emotional time for all the family members involved and making rash decisions during this time that you may regret later is not the best decision for your future. The best thing you can do is to speak to an attorney.
During the third quarter, Saks sales and profits were hurt by what it called a "modest" spike in promotions, which lowered its gross profit margin by 0.3 point to 43.9 percent of sales. Nevertheless, the retailer reported net income of 22.6 million dollars, or 14 cents per share, up from 17.8 million dollars, or 11 cents per share, a year earlier,discount apple iphone.
Intestacy means dying without a will. Thus, in the case of a will made prior to marriage and/or the birth of children of the decedent, in most cases the intestacy laws of the State of New Jersey will govern whether the wife and/or children who are omitted from the will receive a share of the estate,discount apple macbook. In most cases,cheap iphone 5, in the absence of very clear direction from the deceased, the will executed before the decedent married will no longer govern whether his wife and children receive a part of the estate
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