$1950 – Flat Fee for a Probate Attorney for North Bergen, New Jersey to help settle your loved one’s estate Call 844-533-3367
We charge a flat fee of $1950 to assist you to probate an uncontested Will or intestacy estate that is uncontested. We realize this may be a trying time, and you also need help. The procedure is fairly straight forward, and you will help through every step on the way. If no one is challenging the distribution of assets, then the method of closing out the estate may seem long, but the legal costs could be handled.
As your Probate Attorney for North Bergen, NJ we will manage the below list of things for you:
- Bring Will to Surrogate Court to submit an application for Letters Testamentary
- File notice with Surrogate Court of Probate
- Apply for a Federal Tax ID Number for the estate
- So you will have the capacity to pay invoices from estate account prepare the Estate Account at a bank
- Send Notice of Probate to Beneficiaries – You will need to provide names and addresses
- We’ll send notice to the Attorney General if contributions are being made to charity
- We can work together with you to prep Informal Accounting for the surrogate court .
- Refunding Bond and prepare Release if needed. Many wills say that executors can serve without a bond. (The cost 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 Home (Added Property Deeds we charge $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 for the estate as the Personal Administrator:
- Collect 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 Bills
- File Federal and State Income Tax Returns for the deceased. Which is distinct from preparing the inheritance tax return and getting tax waivers. (We can suggest a CPA for you.)
- Distribute the assets.
What is Probate in North Bergen, NJ?
When an individual passes away in his or North Bergen New Jersey property generally must undergo a court-supervised procedure called probate. For example if someone one has title to a home, the home will need to be probated in the County Surrogate’s office where the dwelling lives.
North Bergen Probate facilitates 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. Where property goes in the absence of a will, with priority to close relatives intestacy laws order. Proper probate process or a simplified is required unless all the assets left behind are considered non-probate, meaning they transfer mechanically at death, for example life insurance proceeds, POD trusts and accounts.
What items are required in North Bergen, NJ for Probate?
Below is a record of things required for probate.
1. The original death certificate with a raised seal.
2. An approximation 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 complete names and addresses of the deceased’s next of kin.
4. Money to 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 person, 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 document.
Additional tips on becoming a Personal Representative of the Estate in North Bergen, NJ
The estate of someone who dies without a Will is known as an “intestate” estate. We’ll allow you to 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’. Should you want us to become the executor, our fees would be due to the amount of additional responsivity involved.
Time line of Administrator/Personal Representative /Executor of Duties in NJ, North Bergen to the estate
In North Bergen New Jersey, a personal representative handles the probate process. If this person is named in the will, he’s known as an “executor.” Otherwise, he is made by the probate court and is known as an “administrator.” The probate process is started by filing an application with all the Surrogate’s Court at any time; however, probate will not officially open until at least 10 days subsequent to the death of your loved one. As part of beginning probate, the executor must submit the will and have it “established.” This merely means that a clerk will review the record to be sure that it absolutely was executed according to all of the formalities of New Jersey State law. Once this is complete, the court will provide the personal representative with greater ability through what exactly are called “Letters Testamentary.” We will help you get this letter. The letters testamentary provide the authority to complete several tasks to the personal representative.
After the Letters Testamentary have been dilemmas, the responsibilities of the Personal Representative start.
The personal representative must notify the beneficiaries listed in the will within days after the will is admitted all.
All estate property must then collect and safeguard and value it, getting assessments where necessary. This can entail taking control of a small business, managing a securities portfolio, as the land lord acting for real estate.
Normally a Federal EIN number must be obtained for the estate.
A bank account for the estate will have to be opened.
You won’t have the ability to file the NJ inheritance tax return until it is clear as to the amounts of the medical bills and other expenses your loved one may have owed. Medical expenses could be deducted in the inheritance tax. We can recommend a CPA that may help in the event you’ll 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 subsequently be transferred to the beneficiaries.
Properties for example dwellings will have to have deeds created, and other items like autos will have to get 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]