Do You Need an Estate and Trust Administration Attorney in New Jersey?
Contact us today.
The death of a person is devastating, especially when that person was someone you love. A family needs to deal with its grief, yet the world moves forward and demands that obligations are met and affairs are finalized.
"During a difficult period in my life, I called upon Fredrick Niemann to help me as executor to my father’s estate. Mr. Niemann stayed with me every step of the way. He is very professional in his manner and dealings, not only with me but with the attorneys, law firms, creditors and others involved in the probate of my father’s estate. I am very satisfied with his services."
—Ralph Cafaro, Manalapan, NJ» Read more testimonials
There are bills to pay and property to transfer. The wills and/or trust seem clear, but perhaps you feel like you do not know where to begin or exactly what to do. We can offer you some guidance. If you are an executor, administrator or beneficiary of an estate, we can answer your questions. We have helped clients resolve issues they were confronting. We have coordinated the transfer of assets to beneficiaries and we have paid bills and taxes and filed returns. We have also assisted family members whose loved one died without a will, helping them to understand the process required to finalize their estate.
Probate and Trust Law and the Probate Process
An estate is the total property owned by a deceased individual prior to the distribution of that property in accordance with the terms of a will or trust or, when there is no will or trust, by the laws of inheritance in the state where the decendent lived. If proper planning of the estate has not been done, this process can be complicated. Several things happen during this procedure:
- The will or trust is proved to be valid or invalid.
- The property covered by the will or trust is verified.
- It is determined how the property is to be distributed.
- Unpaid creditors of the decedent are given the opportunity to file claims against the estate.
- Fees and taxes for the administration of the estate are approved and paid.
- The assets of the estate are distributed.
Preserving Estate Assets
An experienced estate and probate attorneys and elder law specialist can suggest options for preserving estate assets. Reducing estate taxes is just one way that an estate can retain more of its wealth for the decedent’s heirs.
Avoiding Probate
Although the probate process serves many purposes, it can be slow and expensive. You may consider having an attorney perform estate planning so your loved ones may not need to go through the probate process.
Contact us today to discuss the estate planning process.
Fredrick P. Niemann
(732) 863-9900