New Jersey Estate Administration Attorneys
Estate administration, also known as probate, is the process of distributing the assets of a person that has passed away. It’s a complex, multi-faceted process which can easily cause stress to loved ones or beneficiaries left behind which is why it’s always recommended that you hire an experienced team of estate administration attorneys in New Jersey.
Estate Administration: An Overview
In New Jersey, the estate administration process entails:
● Collecting, gathering, cataloging, and appraising the value of the deceased’s assets
● Paying off and resolving any debts owed by the deceased
● Filing and paying federal and state taxes
● Distributing assets owned by the deceased to all respective heirs
It’s more than likely that your case will have certain complexities that can potentially hold up the entire process which is why it's always prudent to partner with estate administration attorneys in New Jersey. For instance, if the deceased individual executed a Last Will & Testament, then there is a higher probability that the estate administration process will go much smoother. However, without a legally valid will or if there is any contest to the validity of a signed will, you will need to go through a more formal court process to settle the estate.
During your initial consultation with our estate administration attorneys in New Jersey, we will discuss with you the details of the estate so that we can provide you with a comprehensive overview of what you can expect during the process. Although there may always be a curveball thrown in along the way, you can take comfort in the fact that we will walk you through any unforeseen complications.
The Job of an Executor or an Administrator
If the person that passed away has a valid Last Will & Testament, the person that is named to settle the estate will be referred to as the Executor. However, if a Last Will & Testament is not in place, an Administrator will be appointed to serve as the representative of the estate. If you are the executor or administrator of a deceased relative’s estate, then you have a big responsibility on your hands. This role is something that can become extremely stressful to deal with, especially if you don’t have access to any legal resources that can help expedite the entire process.
The leading reason why any Executor or Administrator should work with an estate administration attorney in New Jersey is because you should always ensure that you are taking steps to protect yourself in this role and receive the legal guidance that you need as you work through this process. At BMC, we work closely with you so that you do not need to worry about missing any legal steps. Estate administration can be a long and arduous process at times which is why our team of estate administration attorneys in New Jersey always go the extra mile so that you have the legal support that you need throughout the course of your case.
Hire an Estate Administration Attorney in New Jersey You Can Trust
Here at Borenstein, McConnell & Calpin, we have a team of estate administration attorneys in New Jersey who provide trusted guidance. Not only do we have experience in New Jersey estate administration, but we are also proud to represent clients during the estate administration process in New York as well. Reach out to us today and schedule your appointment with our team.
Getting in touch
Borenstein, McConnell & Calpin, P.C. is a Business & Estate Planning law firm serving Central and Northern New Jersey, as well as New York City. We strive not only to give you a great client experience, but to become your trusted adviser for life. To reach Erin, please send an email to firstname.lastname@example.org.
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