$1950 – Flat Fee for a Probate Lawyer for Linden, New Jersey to help settle your loved one’s estate Call 844 533 3367
We charge a flat fee of $1950 to allow you to probate an uncontested Will or uncontested intestacy estate. We realize that this can be a trying time, and you also need help. The procedure is fairly straight forward, and you will walk through every step along the way. If none of your relatives are challenging the distribution of assets, then the process of closing out the estate might seem long, but the legal costs can be handled.
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
- Set up the Estate Account at a bank so you’ll have the capacity to pay invoices from estate account
- Send Notice of Probate to Beneficiaries – You have to provide names and addresses
- We’ll send notice to the Attorney General if donations are being made to charity
- We can work together with you to prepare Informal Accounting for the surrogate court in your county.
- Prepare Release and Refunding Bond if necessary. Many wills state that executors can function without a bond. (The expense of the bond is separate than the attorney fee that we charge.)
Get Child Support Judgment clearance before any distributions are made.
- Prepare Deed Transfer for 1 Home (Added Property Deeds we bill $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 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 is Probate in Linden, NJ?
When someone passes away in her or his Linden New Jersey property usually must go through 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 dwelling lives.
Linden Probate facilitates the transfer of the decedent’s assets to individuals or organizations, 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 absence of a will, with precedence to close relatives. Proper probate procedure or a simplified is required unless every one of the assets are considered non-probate, meaning they transfer mechanically at departure, such as life insurance proceeds, POD accounts and trusts.
What things are required NJ, in Linden for Probate?
Below is a record of items needed 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 (private) assets. At this time an item by item valuation isn’t needed to be submitted.
3. The complete names and addresses of the your loved ones’s next of kin.
4. Cash or check 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 prior 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 document.
Added info on becoming a Personal Representative of the Estate NJ, in Linden
The estate of somebody who dies without a Will is called an “intestate” estate. We’ll assist 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 because of the amount of additional responsivity involved, in the event you want us to become the executor.
Time line of Responsibilities of Administrator/Personal Representative /Executor in Linden, NJ to the estate
In Linden New Jersey, a personal representative handles the probate process. If this individual is named in the will, he is referred to as an “executor.” Otherwise, he’s named by the probate court and is referred to as an “administrator.” The probate process is started by filing an application with all the Surrogate’s Court at any 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 merely means that the file to be certain 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 get this letter. The letters testamentary supply the authority to complete several tasks to the personal representative.
Subsequent to the Letters Testamentary have been issues, the responsibilities of the Personal Representative begin.
The personal representative must notify all of the beneficiaries listed in the will within 60 days following the will is admitted.
All estate property must then gather and safeguard and worth it, getting appraisals where crucial. This can involve taking control of a business, managing a securities portfolio, acting as the land lord for real estate.
Normally a Federal EIN number should be got for the estate.
A bank account for the estate will need to be started.
You won’t be able 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 may have outstanding. Medical expenses could be deducted in the inheritance tax. We can recommend a CPA that may help, should you really need help preparing the tax return.
All outstanding debts and taxes have 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 houses will need to get deeds and other things like automobiles will have to have 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]