If you have questions or concerns about serving as the administrator of an estate or executor of a will in Haddon Township, NJ, the team from Bratton Estate and Elder Care Attorneys can help. Serving as the administrator of an estate requires you to complete a series of complex tasks which can be difficult, especially when you are still mourning the loss of your friend or family member.
When you enlist our help, you will first meet with one of our attorneys so that we can learn more about your family’s needs and preferences. Call us today at 856-857-6007 to get started.
The New Jersey Estate Administration Process Can Be Complex and Overwhelming
When you administer an estate, you must complete complex tasks in order, including handling appraisal and accounting tasks that may require the assistance of professionals. Not only is it difficult to manage on your own and frustrating when you do not know who can help, but it is time-consuming and often emotionally overwhelming when you are still dealing with the recent loss of a family member.
As a part of administering your loved one’s estate, you will need to:
- Enter the will into probate via the Surrogate’s court
- Identify all your loved one’s financial accounts, including outstanding debts
- Pay your loved one’s final expenses out of these accounts
- Put a value on all remaining assets, enlisting the help of appraisers if necessary
- Calculate and pay any state or federal taxes
- Distribute the remaining assets according to the will
- Manage all remaining provisions of the estate plan, including funding trusts and making charity donations
As you can see, several of the tasks you will need to complete require you to do things you likely do not have any experience with or that require special training. Other tasks expect you to understand complicated legal concepts. Even if you try to administer your loved one’s estate on your own, you may need help with:
- Calculating state and federal estate taxes and death taxes
- Appraising real estate, antiques, and collections
- Funding trusts
- Making charity donations as outlined in the estate plan
- Completing required paperwork for tax purposes
- Other accounting and legal tasks
Our team has a trusted network of partners we can call on when we need someone to help complete the specialized tasks associated with estate administration. This includes:
- Tax experts
- Other professionals
When our attorneys handle the administration of your family member’s estate for you, we can manage these tasks with ease, enlisting well-qualified appraisers and accountants to ensure everything goes smoothly. Having a lawyer walk through the probate process with you also reduces the risk of estate disputes and litigation.
After you discuss your needs and the estate in question with one of our attorneys, we can step in and take over probating the will and administering the estate. This takes the stress off you and lets you spend this emotional time with your family and friends.
Let Us Help You With Haddon Township, NJ, Estate Administration Services
Every case we handle begins with a conversation with one of our attorneys. A member of our team will sit down with you and any family members you want to join us. We will discuss your needs and work to understand what we can do to make this process easier on you. We can administer your loved one’s estate from start to finish or offer the support and guidance you need through the most difficult tasks.
Let us go to work for you today. We can help you every step of the way. This includes:
- Helping you understand your responsibilities as an estate administrator
- Identifying an appraiser who can put a value on unique assets
- Calculating the value of the estate
- Explaining the tax implications of the actions you take
- Managing planned giving
- Filing inheritance tax paperwork and reporting charitable gifts, if necessary
- Funding trusts
- Mediating any conflicts that may arise
Our lawyers are on your side throughout the estate administration process. We are here for you, providing the compassionate support and guidance you need. Let us navigate probate and the distribution of assets on your behalf. We can handle cases even if there are complex financial issues or they have high net values.
Bratton Estate and Elder Care Attorneys Reduce the Risk of Estate Disputes
The team from Bratton Estate and Elder Care Attorneys sets itself apart from many other estate law firms by truly listening to every client. You will always have an attorney available to you throughout the process, ready to offer support and address any concerns you have.
We build relationships with you and your family and work to ensure your loved one’s estate gets settled as they intended. We will work to mediate any disagreements or disputes and represent you in litigation if that becomes necessary. With our team on your side, you can relax and focus on remembering your loved one during this tough time.
Talk to an Estate Administration Lawyer in Haddon Township, NJ
If your loved one named you the administrator of their estate or executor of their will in Haddon Township, NJ, Bratton Estate and Elder Care Attorneys has a team member available to discuss your needs today.
Our attorneys can handle the process for you or offer you the support you need to manage the process on your own. We can answer your questions and help you understand how we can help you navigate your duties as an administrator.
Call us today at 856-857-6007 to get started.