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.
Peter Klenk is the founding member of Klenk Law, a seven attorney boutique estate planning law firm. We serve clients in Pennsylvania, New Jersey, New York, Minnesota and Florida. Peter Klenk received his Masters in Taxation LL.M. from NYU Law School and his J.D. from the University of Minnesota Law School. He served his country in the Navy JAGC during Desert Storm. Easy to talk to, feel free to call Peter for an appointment. We will make the process as easy as possible!
"I worked for Peter Klenk for 4 wonderful years. I can’t speak highly enough of everyone at the firm. Everyone truly cares about their clients and has a strong sense of responsibility to get things done right. I would highly recommend Klenk Law!"
Flora Novick
Peter provided outstanding advice and preparation of a will and trusts.
Peter has done our family's trust and estate work since our children were born. He is not only extremely knowledgeable and honest, but makes sure that our arrangements remain current with the changing legal landscape. I would give him my highest recommendation as a professional in his field.
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.
Everything about my experience was a 10+! Peter and his staff made what I thought would be a difficult process easy and understandable. Every detail was handled correctly. No other firm could possibly do better than Klenk Law!
I have worked with Peter Klenk & his associates for some time now and I have found them to be ultra-qualified, knowledgeable and diligent about their work. I highly recommend them.
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