Serving as the administrator of a New Jersey estate can be frustrating and stressful. You will need to complete a series of tasks that you are unlikely to be familiar with and certainly do not often do. Especially when paired with the emotions of recently losing a close friend or family member, this can quickly become overwhelming. If a recently departed loved one tasked you with estate administration, Bratton Estate & Elder Care Attorneys can help.
Call us today at (856) 517-0239. We can take on any Camden, NJ estate administration task, help you understand your options, or manage the entire process for you. Reach out to us today to get started right away.
We Understand the Camden County, NJ Estate Administration And Probate Process
Being named the administrator of an estate brings with it a lot of responsibility. You will need to enter the will into probate and then navigate a series of tasks aimed at handling any final requests of your loved one and then distributing any remaining assets. Fortunately, if your loved one created their will with the help of an attorney, it is likely self-proving. This simplifies the process.
To enter the will into probate, you will need to make a quick visit to the Camden County Surrogate’s court. While “going to court” sounds intimidating, this is a relatively laid-back and easy process that usually takes place in the Surrogate’s office. The County Surrogate or member of the staff will look at the document and sign off on it.
After entering the will into probate, you will have the authority to take the next steps in the process. This includes:
- Identifying all financial accounts and other assets;
- Identifying all debts owed;
- Using their accounts to pay debts and final expenses;
- Getting all property and other assets appraised;
- Calculating and paying any state or federal taxes;
- Working with an attorney to create and/or fund trusts included in the plan;
- Making any charitable donations or other payments as included in the estate plan; and
- Ensuring the remaining assets go to the family members and other loved ones designated in the will and estate plan.
If this sounds like a lot of specialized work and complex tasks, it is. At Bratton Estate & Elder Care Attorneys, we understand how overwhelming and stressful this process can be. You probably have not done many of these things before and may never need to do them again. We do them every day. Let an estate administration lawyer in Camden, NJ handle this process for you so you can focus on mourning your lost loved one and spending time with your family. Call us today at (856) 517-0239.
Bratton Estate & Elder Care Attorneys Can Handle the Administration of Your Loved One’s Estate on Your Behalf
If you feel unsure or overwhelmed by the process of administering your loved one’s estate, or if you do not have the time necessary to dedicate to these complex tasks, Bratton Estate & Elder Care Attorneys can take on this process for you. We know what needs to be done every step of the way, even in complex situations and with high-asset estates. You can trust our team to:
- Manage the probate process, entering the will into probate as required;
- Identify all accounts and assets;
- Put an accurate value on any real estate or other property;
- Call on a specialized appraiser when necessary to value unique assets;
- Calculate and pay any state and federal taxes;
- Handle final expenses;
- Help you understand any tax implications of financial decisions;
- Manage any requested planned giving and charity donations including reporting charitable gifts as required by law;
- Creating and funding trusts required by the estate plan; and
- Distributing assets and funds as called for in the will and estate plan.
In addition, an estate administration lawyer in Camden, NJ will use proven alternative dispute resolution techniques and mediation to help settle any problems that arise between potential heirs or other family members. If litigation becomes an issue, we will represent you and fight for your best interests during this process.
We have offices in Haddonfield, Linwood, Moorestown, and Trenton, NJ, as well as Philadelphia, PA. Call us today at (856) 517-0239 to learn more.
We Can Greatly Reduce the Risk of Camden, NJ Estate Conflicts and Litigation
One of the most important reasons you may want the help of an estate administration lawyer in Camden as you sort out your loved one’s estate is to help you avoid conflicts or to prevent a dispute from turning into litigation. When we handle estate administration, it greatly reduces the chances of a dispute.
If a dispute does arise, we may be able to help you reach a compromise before either side takes legal action. Reaching a compromise through mediation or another technique can prevent rifts between family members and ensure everyone walks away feeling like their voice was heard.
If you worry about estate disputes after you pass away, our team of attorneys can create an estate plan on your behalf that clearly outlines your desires and leaves little to argue about after your death. Many people opt to create this type of plan after serving as an administrator of a loved one’s estate.
Talk to a Camden, NJ Estate Administration Lawyer Today
The estate administration lawyers in Camden, NJ from Bratton Estate & Elder Care Attorneys can handle administering your loved one’s Camden, NJ estate plan on your behalf. There is no reason why you have to try to manage the tasks associated with probate and administration on your own. We are ready to review your case and go to work for your family.
Call (856) 517-0239 today to talk to someone who understands the Camden, NJ estate administration process. We can help you understand your role, explain the tasks required, and take care of the entire process for you.