My dad died. Is he eligible for the ANCHOR benefit?

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Q. My father passed away April 8, 2024 and I am the administrator of his estate. My question is if we are entitled to his ANCHOR rebate and if so, what do I need to do?
— Hopeful

A. We’re sorry to hear about your dad.

His estate may be eligible for the ANCHOR benefit.

“If you are an executor or surviving spouse/civil union partner, filing on behalf of an eligible homeowner who died on or after October 1, 2021, you must file a Special Circumstances Application,” the state said.

“You will be able to attach supporting documents with the application (i.e., death certificate). Do not include the deceased spouse’s name on the application,” it said.

The state also notes that if you file on behalf of an estate, the benefit would be issued in the name of the estate, so you should make sure to leave open the estate bank account until the benefit is received.

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This story was originally published in October 2024.

NJMoneyHelp.com presents certain general financial planning principles and advice, but should never be viewed as a substitute for obtaining advice from a personal professional advisor who understands your unique individual circumstances.

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