Estate Administration is a process that can take several months to several years, depending on the size and complexity of the estate, which means you need an estate attorney you can trust and feel comfortable working with long term. We diligently strive to settle an estate as quickly and efficiently as possible, in order to minimize the emotional toll and financial impact on the surviving heirs.
At Nodelman Law, you’ll work with an estate attorney who specializes in all areas of trust and estate administration, including:
- Probate of wills and filing for administration if an individual dies without a will;
- Gathering the assets of the estate by communicating with financial institutions and life insurance companies;
- Preparing and filing state and federal estate tax returns: Gift, Estate, Inheritance, Generation-skipping;
- Preparing releases and refunding bonds for partial or final distributions to the beneficiaries in order for distributions to be made in a timely manner after the death of the decedent.
Nodelman Law is experienced in handling New Jersey and New York estate administrations. We work closely with executors and administrators to relieve the burden and ease any fears associated with administering the estate of a loved one.
Probate is a legal process that allows the court to prove or disprove the decedent’s Last Will and Testament, allows heirs to contest the will and appoints and grants authority to the executor of the estate to act on behalf of the estate during the estate administration (see above).
Before entering the probate process, you will need a probate lawyer to provide sound, reasonable advice and give you an idea of what to expect. Hiring an estate attorney who specializes in probate makes navigating the terrain of contested wills, validation, and estate administration much less daunting.
What Happens During Probate?
The probate process begins when a petition, original Last Will and Testament and original death certificate are submitted to the Surrogate’s Court in the county where the decedent was domiciled at the time of his or her death. The petition provides the court with all the necessary information to commence the administration of the decedent’s estate.
The court will appoint an executor to handle the estate administration; such appointment is memorialized in the Letters Testamentary. Letters Testamentary are documents issued by the court which state the authority of the executor. Certified copies of the Letters Testamentary are often required by banks and other financial institutions before transfer of money or assets to the executor of the estate can be effectuated.
Contact Nodelman Law, a New Jersey and New York estate planning firm, at 212-710-2789 ext. 2753, if you have questions about the probate or administration process.