A Probate Attorney is retained using estate funds to guide the Executor or Administrator through the estate administration process. Effective probate attorneys base their workloads and fees on the circumstances of each estate. Our Guide to New Jersey Probate Attorney Fees can help you learn what a Probate Attorney in New Jersey can charge.
Serving as Executor, Personal Representative or Administrator of a New Jersey estate is a time-consuming and difficult task. A person taking on this responsibility and commitment deserves to be compensated. However, since relatively few of us ever serve in this capacity, it’s sometimes confusing to guess whether that compensation is fair or excessive. Our team has compiled a Guide to New Jersey Executor or Personal Representative of Estate Fees for New Jersey residents, designed to help you avoid mistakes that can put you at odds with creditors or heirs.
A person serving as a trustee is responsible for the proper maintenance of the fund and-often-the well-being of beneficiaries. Is the fee a trustee can charge based on a percentage of the trust fund? Are corporate trustees allowed to charge more than regular people? Our Guide to Trustee Fees in New Jersey examines how to determine the right compensation structure.
An agent typically has access to the principal’s entire financial portfolio. When another person has control of your financial assets, how can you ensure they are being compensated appropriately? Just because someone is authorized to use your accounts, does not mean they should enjoy free rein. Our Guide to New Jersey Agent and Power of Attorney Fees reviews what appropriate agent compensation looks like.
Guardianships come in many different varieties in New Jersey. Whether overseeing a minor or an incapacitated person, one thread binds the spectrum of scenarios: responsibility and commitment to the incapacitated person. Individuals who assume this critical task deserve compensation, but how much? Our Guide to New Jersey Guardianship Fees reveals today’s best practices.
If you have questions about estate administration fees in New Jersey or any other estate planning concerns contact our office for a free consultation.
Fantastic customer service. Very personable and most importantly they provide great explanations of what is required based on your individual needs. Highly recommend Klenk Law for anyone that needs to create a will and estate documents.
Peter Klenk made a complex subject understandable and allowed us to move forward with our estate planning. He was patient with our questions and creative in the solutions he proposed.
Klenk Law is an exceptional practice. Their fine lawyers and staff team up to produce excellent results for their clients. They excel at explaining the often cryptic laws and policies that govern estate planning right down to the complexities of the various "trust" frameworks. Peter himself manages each client together with his great team, and he has a rare quality to be both a walking encyclopedia of planning minutia and also one of the most likable lawyers I have ever had the pleasure of dealing with. He is truly generous in intellect and in his personal approach to getting the "big picture" for complex family structures. I trust him implicitly to help me make the right choices for the future. In short, Klenk Law is a gem of a firm.
Peter came highly recommended by a close friend to do our estate planning. We have been putting off for years. He is knowledgeable, professional and easy to work with.
Peter and his staff handled all of our needs in a very professional and timely matter.