$1950 – Flat Fee for a Probate Lawyer for Weehawken, NJ to help settle your loved one’s estate Call 844 533 3367
We charge a flat fee of $1950 to enable you to probate an uncontested Will or intestacy estate that is uncontested. We understand that this might be a trying time, and you need help. The procedure is rather straight forward, and we’ll help you through every step on the way. If no one is challenging the distribution of assets, then the procedure for closing out the estate might seem long, but the legal costs could be handled.
As your Probate Attorney for Weehawken, NJ we’ll handle the below list of things for you:
- Bring Will to Surrogate Court to apply for Letters Testamentary
- File notice of Probate with Surrogate Court
- Make an application for a Federal Tax ID Number for the estate
- So that you will be able to pay bills from estate account set up the Estate Account at a bank
- Send Notice of Probate to Beneficiaries – You will need to supply names and addresses
- We will send notice to the Attorney General if contributions are being made to charity
- We can work with you to prepare Informal Accounting for the surrogate court .
- Prepare Release and Refunding Bond if needed. Many wills say that executors can serve with no bond. (The expense of the bond is different than the lawyer 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 (Added titles at $150 each)
If you don’t hire us to do the below this will be part of your duties as the Personal Administrator for the estate:
- Gather and manage assets of the estate
- Get evaluation vales of the estate’s personal and real property
- Sell the property of the estate
- Pay the estate’s Debts
- File State and Federal Income Tax Returns for the your loved one. Which is distinct from getting tax waivers and that preparing the inheritance tax return. (We can recommend a CPA for you.)
- Distribute the assets.
What is Probate in Weehawken, NJ?
When an individual passes away in her or his Weehawken New Jersey property usually must go through a court-supervised procedure called probate. For instance if someone one owns a home, the house will need to be probated in the County Surrogate’s office where the dwelling dwells.
Weehawken Probate facilitates the transfer of the decedent’s assets to people or organizations, as provided either through the deceased person’s will or according to the New Jersey’s intestacy laws. Where property goes with priority to close relatives, in the absence of a will, intestacy laws order. A simplified or proper probate process is required unless all of the assets left behind are considered non-probate, meaning they transfer mechanically at departure, like life insurance proceeds, POD accounts and trusts.
What items are needed NJ, in Weehawken for Probate?
Below is a record of items required for probate.
1. The original death certificate with a raised seal.
2. An estimate of the gross value of the estate covering all real estate and non-real estate (private) 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 fees that are surrogates}.
5. If someone dies without a 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 person, if any, who has earlier or equal right to the applicant to serve as the estate’s Administrator. “Wet” signatures are required, so ensure that if a person is out of state when they sign the renunciation they send the original signed document.
Added information on becoming a Personal Representative of the Estate in Weehawken, NJ
The estate of someone who dies with no 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 formal Administrator C.T.A. which is the abbreviation of Administrator Cum Testaments Annex, which means ‘Administrator to the will annexed’. If you want us to become the executor, our fees would be because of the amount of additional responsivity involved.
Time line of Duties of Administrator/Personal Representative /Executor in NJ, Weehawken to the estate
In Weehawken New Jersey, the probate procedure is handled by a personal representative. If this person is named in the will, he is called an “executor.” Otherwise, he’s appointed by the probate court and is called an “administrator.” The probate process is started by filing an application with all the Surrogate’s Court at any given time; nonetheless, probate Won’t formally open until at least 10 days after the departure of your loved one. As part of starting probate, the executor must submit the will and have it “proved.” This simply means that the document to be certain that it absolutely 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 are called “Letters Testamentary.” We’ll help you to get this letter. The letters provide the ability to complete several tasks to the personal representative.
The obligations of the Personal Representative begin subsequent to the Letters Testamentary have been problems.
The personal representative must notify all of the beneficiaries listed in the will within 60 days following the will is accepted.
The personal representative must then gather and safeguard all estate property and worth it, obtaining appraisals where needed. This may entail taking control of a small 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 will not have the ability to file the NJ inheritance tax return until it is clear regarding the amounts of other expenses and the medical bills your loved one may have owed. Medical expenses can be deducted in the inheritance tax. Should 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 remaining assets may subsequently be transferred to the beneficiaries.
Properties including dwellings will have to have 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. Call us at (844) 533-3367 or email us at [email protected]