$1950 – Flat Fee for a Probate Lawyer for Secaucus, New Jersey to help settle your loved one’s estate Call 844-533-3367
We charge a set fee of $1950 to help you probate uncontested intestacy estate or an uncontested Will. We understand that this may be a trying time, and you also need help. The process is pretty straight forward, and we’ll help you through every step on the way. If none of your relatives are contesting the distribution of assets, then the procedure for closing out the estate may seem long, but the legal costs could be managed.
As your Probate Attorney for Secaucus, NJ we’ll handle the below list of things for you:
- Bring Will to Surrogate Court to apply for Letters Testamentary
- File notice with Surrogate Court of Probate
- Submit an application for a Federal Tax ID Number for the estate
- Set up the Estate Account at a bank so that you will have the capacity to pay invoices from estate account
- Send Notice of Probate to Beneficiaries – You should provide addresses and names
- We’ll send notice to the Attorney General if donations are being made to charity
- We can work together with you to produce Informal Accounting for the surrogate court .
- Refunding Bond and prepare Release if needed. Many wills state that executors can serve with no bond. (The cost of the bond is different than the attorney fee that we charge.)
Obtain Child Support Ruling clearance before any distributions are made.
- Prepare Deed Transfer for 1 Property (Added Property Deeds we bill $575 each)
- Prepare Title Transfer for 1 vehicle (Additional 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 personal and real property
- Sell the property of the estate
- Write checks for the estate’s Debts
- File Federal and State Income Tax Returns for the deceased. Which is different than obtaining tax waivers and that preparing the inheritance tax return. (We can suggest a CPA for you.)
- Distribute the assets.
What is Probate in Secaucus, NJ?
When someone passes away in Secaucus, New Jersey, his or her property generally must go through a court-supervised procedure 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 dwelling lives.
Secaucus Probate facilitates the transfer of the decedent’s assets to organizations or individuals, as provided either through the deceased person’s will or according to the New Jersey’s intestacy laws. Intestacy laws dictate where property goes with priority to close relatives, in the lack of a will. A simplified or formal probate procedure is needed unless all the assets are considered non-probate, meaning they transfer automatically at death, such as life insurance proceeds, POD trusts and accounts.
What items are required for Probate NJ, in Secaucus?
Below is a record of things necessary for probate.
1. The original death certificate with a raised seal.
2. An estimate of the gross value of the estate insuring 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 fully pay the surrogates fees}.
5. If a person dies with no will, a formal 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. “Wet” signatures are required, thus ensure that if someone is out of state when they sign the renunciation they send the original signed file.
Added informative data on becoming a Personal Representative of the Estate NJ, in Secaucus
The estate of somebody who dies without a Will is called an “intestate” estate. We will help you become the Personal Representative of the estate. This position has several names Executor, Personal Representative, Administrator and 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 because of the amount of further responsivity included, in the event you want us to become the executor.
Time line of Responsibilities of Administrator/Personal Representative /Executor in NJ, Secaucus to the estate
In Secaucus New Jersey, the probate process is managed by a personal representative. If this person is named in the will, he is referred to as an “executor.” Otherwise, he’s made by the probate court and is called an “administrator.” The probate procedure is commenced by filing an application with all the Surrogate’s Court at any given time; yet, probate will not officially open until at least 10 days subsequent to the departure of your loved one. As part of initiating probate, the executor must submit the will and have it “demonstrated.” This just means that the record to be sure 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 authority through what exactly are called “Letters Testamentary.” We’ll help you to get this letter. The letters provide the personal representative with the ability to complete several jobs.
The duties 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.
All estate property must then accumulate and safeguard and value it, obtaining appraisals where necessary. This could involve taking control of a small business, managing a securities portfolio, as the land lord, acting for real estate.
Normally a Federal EIN number should be got for the estate.
A bank account for the estate will have to be opened.
You will not be able to file the NJ inheritance tax return until it’s clear regarding the amounts of the medical bills and other expenses your loved one may have owed. Medical expenses could be deducted in the inheritance tax. In the event you’ll need help preparing the tax return, we can recommend a CPA that may help.
All outstanding debts and taxes need to be paid.
Once all debts are paid, which might require sale of estate property, the rest of the assets may then be transferred to the beneficiaries.
Properties for example residences will have to get deeds created, and other items like autos will have to have new titles ordered.
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 INFO@FocusedLaw.com.