How to Transfer a Car Title from Deceased Family Members
At our firm, we’re often asked how to transfer a car title from deceased family members. Until recently, in New Jersey, transferring a title required a trip to the local DMV office, which sometimes needed a significant wait time. However, in May 2023, New Jersey enacted a new "transfer on death" law for motor vehicles. This new law represents a notable step toward making the asset transfer process more efficient and cost-effective. It aligns motor vehicles with the ease of transfer typically associated with bank accounts and retirement plans, simplifying the lives of both vehicle owners and their beneficiaries. This [...]