$1950 – Flat Fee for a Probate Lawyer for East Orange, New Jersey to help settle your loved one’s estate Call 844 533 3367
We charge a flat fee of $1950 to help you probate uncontested intestacy estate or an uncontested Will. We realize that this may be a trying time, and also you need help. The procedure is pretty straight forward, and we will help you through every step on the way. If none of your relatives are contesting the distribution of assets, then the process of closing out the estate might seem long, but the legal costs could be handled.
As your Probate Attorney for East Orange, NJ we will handle the below list of items for you:
- Bring Will to Surrogate Court to submit an application for Letters Testamentary
- File notice of Probate with Surrogate Court
- Make an application for a Federal Tax ID Number for the estate
- Set up the Estate Account at a bank so that you will manage to pay invoices from estate account
- Send Notice of Probate to Beneficiaries – You will need to supply addresses and names
- We’ll send notice to the Attorney General if contributions are being made to charity
- We can work together with you to prepare Informal Accounting for the surrogate court .
- Prepare Release and Refunding Bond if needed. Many wills state that executors can serve with no bond. (The cost 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 Home (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 duties as the Personal Administrator for the estate:
- Collect and manage assets of the estate
- Get assessment vales of the estate’s personal and real property
- Sell the property of the estate
- Pay the estate’s Bills
- 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 NJ, in East Orange?
When a person passes away in East Orange, New Jersey, his or her property usually must go through a court-supervised procedure called probate. For example if someone one owns a house, the home will need to be probated in the County Surrogate’s office where the house resides.
East Orange Probate eases the transfer of the decedent’s assets to organizations or people, as provided either through the deceased person’s will or according to the New Jersey’s intestacy laws. Intestacy laws dictate where property goes in the absence of a will, with precedence to close relatives. Formal probate procedure or a simplified is needed unless all of the assets are considered non-probate, meaning they transfer mechanically at departure, like life insurance proceeds, POD trusts and accounts.
What things are required for Probate in East Orange, NJ?
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 is not needed to be submitted.
3. The entire names and addresses of the your loved ones’s next of kin.
4. Cash or check to fully pay the surrogates fees}.
5. If a person 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, so be sure that if someone is out of state when they sign the renunciation they send the original signed file.
Additional advice on becoming a Personal Representative of the Estate NJ, in East Orange
The estate of someone who dies with no Will is called an “intestate” estate. We will allow you to 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 due to the quantity of additional responsivity included, should you want us to become the executor.
Time line of Duties of Administrator/Personal Representative /Executor in NJ, East Orange to the estate
In East Orange New Jersey, the probate procedure is handled by a personal representative. If this person is named in the will, he’s known as an “executor.” Otherwise, he is made 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; nevertheless, probate Won’t formally open until at least 10 days subsequent to the death of your loved one. As part of initiating probate, the executor must submit the will and have it “established.” This simply means that a clerk will review the document to make certain that it absolutely was executed according to the formalities of New Jersey State law all. Once this is complete, the court will provide the personal representative with greater authority through what are called “Letters Testamentary.” We will help you to get this letter. The letters provide the personal representative with all the ability to complete several tasks.
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 collect and safeguard all estate property and worth it, obtaining appraisals where essential. This can entail taking control of a company, managing a securities portfolio, acting as the land lord for real estate.
Usually a Federal EIN number must certanly be obtained 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 the medical bills and other expenses your loved one might have owed. Medical expenses can be deducted in the inheritance tax. We can advocate a CPA that can help if you’ll need help preparing the tax return.
Taxes and all outstanding debts need to be paid.
Once all debts are paid, which might require sale of estate property, the rest of the assets can subsequently be transferred to the beneficiaries.
Properties including homes will need to get deeds created, and other things like automobiles will have to possess 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]