$1950 – Flat Fee for a Probate Lawyer for Linden, NJ to help settle your loved one’s estate Call 844-533-3367
We charge a set fee of $1950 to enable you to probate uncontested intestacy estate or an uncontested Will. We understand that this might be a trying time, and you need help. The procedure is pretty 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 could be managed.
As your Probate Lawyer for Linden, NJ we will manage the below list of items for you:
- Bring Will to Surrogate Court to apply for Letters Testamentary
- File notice with Surrogate Court of Probate
- Apply for a Federal Tax ID Number for the estate
- So that you’ll have the ability to pay bills from estate account, set up the Estate Account at a bank
- Send Notice of Probate to Beneficiaries – You will have to provide addresses and names
- We’ll send notice to the Attorney General if contributions are being made to charity
- We can work with you to prep Informal Accounting for the surrogate court in your county.
- Refunding Bond and prepare Release if necessary. Many wills say that executors can function with no bond. (The expense of the bond is separate than the attorney fee that we charge.)
Obtain Child Support Ruling clearance before any distributions are made.
- Prepare Deed Transfer for 1 Property (Additional Property Deeds we charge $575 each)
- Prepare Title Transfer for 1 vehicle (Additional titles at $150 each)
If you don’t hire us to do the below this will be part of your responsibilities as the Personal Administrator for the estate:
- Gather and manage assets of the estate
- Get appraisal vales of the estate’s real and personal property
- Sell the property of the estate
- Write checks for the estate’s Debts
- File Federal and State Income Tax Returns for the your loved one. Which is different than getting tax waivers and that preparing the inheritance tax return. (We can recommend a CPA for you.)
- Distribute the assets.
What exactly is Probate in Linden, NJ?
When a person passes away in his or her Linden, NJ property usually must undergo a court-supervised process called probate. For instance if someone one owns a house, the house will need to be probated in the County Surrogate’s office where the dwelling dwells.
Linden Probate eases the transfer of the decedent’s assets to organizations or individuals, as provided through the deceased person’s will or according to the New Jersey’s intestacy laws. Intestacy laws order where property goes in the lack of a will, with precedence to close relatives. A simplified or formal probate process is needed unless all the assets left behind are considered non-probate, meaning they transfer automatically at departure, for example life insurance proceeds, POD trusts and accounts.
What things are needed NJ, in Linden for Probate?
Below is a record of items required 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 isn’t needed to be submitted.
3. The entire names and addresses of the deceased’s next of kin.
4. Money to pay the surrogates fees}.
5. If someone dies with no 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 ensure that if a person is out of state when they sign the renunciation they send the original signed document.
Additional tips on becoming a Personal Representative of the Estate in Linden, NJ
The estate of someone who dies without a Will is known as an “intestate” estate. We’ll help you become the Personal Representative of the estate. This position has several names Executor, Personal Representative, Administrator and the proper 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 because of the quantity of additional responsivity included in the event you want us to become the executor.
Time line of Responsibilities of Administrator/Personal Representative /Executor in NJ, Linden to the estate
In Linden New Jersey, a personal representative handles the probate procedure. If this individual is named in the will, he is called an “executor.” Otherwise, he is made by the probate court and is referred to as an “administrator.” The probate procedure is started by filing an application with all the Surrogate’s Court at any given time; nevertheless, probate will not officially open until at least 10 days after the death of your loved one. As part of commencing probate, the executor must submit the will and have it “demonstrated.” This simply means that the document to ensure that it was executed according to the formalities of New Jersey State law all will be reviewed by a clerk. Once this is complete, the court will provide the personal representative with greater ability through what exactly are called “Letters Testamentary.” We’ll help you to get this letter. The letters supply the personal representative with the ability to complete several jobs.
Subsequent to the Letters Testamentary have been dilemmas, the obligations of the Personal Representative begin.
The personal representative must notify all of the beneficiaries listed in the will within 60 days after the will is admitted.
All estate property must then gather and safeguard and value it, getting assessments where needed. This may entail taking control of a business, managing a securities portfolio, acting as the land lord for real estate.
Typically a Federal EIN number must be got for the estate.
A bank account for the estate will need to be started.
You will not be able to file the NJ inheritance tax return until it’s clear as to the amounts of other expenses and the medical bills your loved one may have owed. Medical expenses can be deducted in the inheritance tax. We can recommend a CPA that can help, in the event you will need help preparing the tax return.
Taxes and all outstanding debts must be paid.
Once all debts are paid, which might require sale of estate property, the remaining assets can then be transferred to the beneficiaries.
Properties including residences will need to get deeds and other things like automobiles will need to possess 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. Contact us at 844-533-3367 or email us at [email protected]