Two siblings are poised to hit courtrooms in a battle over who is entitled to a slice of pie from the family pizza empire. The pizza chain, called John's Pizzeria, has at least one shop in New Jersey and several in a neighboring state. The dispute between the siblings apparently goes back to when their mother was the matriarch and owner of the company.
Do you know when a will must be probated in New Jersey?
Not every will has to be probated in New Jersey, but any will that involves assets that were solely owned in the decedent's name must pass through probate. This is true in New Jersey no matter what the value of the estate might be. For example, if the decedent has a will and he or she had a bank account in his or her name only and that bank account has a current value of $200, then the will would need to be probated. The same is true for an estate that included three cars, a home and a $50,000 account.
