$1950 – Flat Fee for a Probate Attorney for Hudson County, NJ to help settle your loved one’s estate Call 844 533 3367
We charge a set fee of $1950 to assist you to probate intestacy estate that is uncontested or an uncontested Will. We understand this might be a trying time, and also you need help. The procedure is rather straight forward, and you will help through every step along the way. If no one is challenging the distribution of assets, then the process of closing out the estate might seem long, but the legal costs can be managed.
As your Probate Lawyer for Hudson County, NJ we will manage the below list of things for you:
- Bring Will to Surrogate Court to submit an application for Letters Testamentary
- File notice with Surrogate Court of Probate
- Apply for a Federal Tax ID Number for the estate
- So you will have the ability to pay bills from estate account prepare the Estate Account at a bank
- Send Notice of Probate to Beneficiaries – You should provide names and addresses
- If donations are being made to charity, we’ll send notice to the Attorney General
- We can work with you to prepare Informal Accounting for the surrogate court .
- Refunding Bond and prepare Release if needed. Many wills say that executors can serve without a bond. (The cost of the bond is different than the attorney fee that we charge.)
Get Child Support Judgment clearance before any distributions are made.
- Prepare Deed Transfer for 1 Home (Additional Property Deeds we charge $575 each)
- Prepare Title Transfer for 1 vehicle (Added titles at $150 each)
Unless you hire us to do the below this will be part of your obligations as the Personal Administrator for the estate:
- Gather and manage assets of the estate
- Get assessment vales of the estate’s real and personal property
- Sell the property of the estate
- Settle the estate’s Debts
- File State and Federal Income Tax Returns for the deceased. Which is distinct from obtaining tax waivers and that preparing the inheritance tax return. (We can suggest a CPA for you.)
- Distribute the assets.
What is Probate in Hudson County, NJ?
When someone passes away in his or Hudson County New Jersey property generally must undergo a court-supervised process called probate. For instance if someone one owns a house, the house will have to be probated in the County Surrogate’s office where the home dwells.
Hudson County Probate eases the transfer of the decedent’s assets to people or organizations, as supplied either through the deceased person’s will or according to the New Jersey’s intestacy laws. Intestacy laws order where property goes with precedence to close relatives, in the absence of a will. A simplified or proper probate process is required unless all the assets left behind are considered non-probate, meaning they transfer mechanically at death, such as life insurance proceeds, POD trusts and accounts.
What items are needed for Probate NJ, in Hudson County?
Below is a list of items necessary for probate.
1. The original death certificate with a raised seal.
2. An approximation of the gross value of the estate covering all real estate and non-real estate (personal) assets. At this time an item by item valuation is not needed to be submitted.
3. The complete names and addresses of the deceased’s next of kin.
4. Money to pay the fees that are surrogates}.
5. If someone dies without a will, a proper written Renunciation of the right to serve as the estate’s Administrator signed in the presence of a Notary Public by every individual, if any, who has earlier or equal right to the applicant to serve as the estate’s Administrator. Original signatures are required, thus be sure that if someone is out of state when they sign the renunciation they send the original signed file.
Additional informative data on becoming a Personal Representative of the Estate in Hudson County, NJ
The estate of someone who dies with no Will is called an “intestate” estate. We’ll allow you to become the Personal Representative of the estate. This position has several names Executor, Personal Representative, Administrator and also the formal Administrator C.T.A. which is the abbreviation of Administrator Cum Testaments Annex, which means ‘Administrator to the will annexed’. Our fees would be higher due to the amount of further responsivity involved, should you would like us to become the executor.
Time line of Responsibilities of Administrator/Personal Representative /Executor in NJ, Hudson County to the estate
In Hudson County New Jersey, a personal representative handles the probate procedure. If this person is named in the will, he is known as an “executor.” Otherwise, he’s made by the probate court and is called an “administrator.” The probate process is commenced by filing an application with the Surrogate’s Court at any time; nonetheless, probate will not officially open until at least 10 days following the passing of your loved one. As part of starting probate, the executor must submit the will and have it “proved.” This just means that the file to make sure that it was executed according to all the formalities of New Jersey State law will be reviewed by a clerk. Once this is complete, the court will provide the personal representative with greater authority through what exactly are called “Letters Testamentary.” We’ll help you to get this letter. The letters testamentary supply the personal representative with the authority to complete several tasks.
The obligations of the Personal Representative start following the Letters Testamentary have been dilemmas.
The personal representative must notify the beneficiaries listed in the will within days after the will is admitted all.
The personal representative must then accumulate and safeguard all estate property and value it, getting appraisals where required. This may entail taking control of a business, managing a securities portfolio, acting as the land lord for real estate.
Usually a Federal EIN number must be got for the estate.
A bank account for the estate will have to be opened.
You won’t have the capacity to file the NJ inheritance tax return until it is clear as to the sums of other expenses and the medical bills your loved one might have owed. Medical expenses may be deducted in the inheritance tax. We can advocate a CPA that may help, in the event you’ll need help preparing the tax return.
All outstanding debts and taxes must be paid.
Once all debts are paid, which might require sale of estate property, the rest of the assets may subsequently be transferred to the beneficiaries.
Properties including homes will need to have deeds and other things like vehicles will have to get new titles purchased.
If you think you need help, it is important to speak with an attorney who can help you understand your options during this time. Protect your interests and have your questions answered. Contact us today, and we will go over all of your options. Call us at (844) 533-3367 or email us at [email protected]