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 ESQ is a thoughtful and capable attorney who we work with on estate planning issues. His firm recently provided us with new Wills, Power of Attorneys and our instructions regarding major health issues. These documents are important for estate and life planning. Peter and his team are masters in the complexities of Estate Law. We highly recommend Peter and his Associates to provide thoughtful advice and outstanding work on these complex issues of the law. Make sure your estate planning documents are up to date, and Peter can be relied on to do an excellent job. Well done Peter!
We recently used Peter's firm to update our wills and trusts. We found he and his staff to be well-informed, professional and highly efficient. And equally valuable, Peter explains the law in terms that a layperson can readily understand.
I was referred to Peter after my divorce to put documents together to protect my assets. He suggested a number of documents that would help protect my children and their future. Also, he put together wills, power of attorney and living wills. I initially spoke with him on the phone, he took 30-40 minutes to understand my situation and explain the benefits of having such documents. After a week or two, I met with him in his office and signed the documents. Everything else was remote phone calls and emails. He re-explained these documents and what whom to share. I am in good hands.
Peter recently gave a presentation about Wills & Trusts at my employer, and it was fantastic! He was extremely knowledgeable and provided valuable information to the group. People were very engaged and asked several questions, all of which Peter thoroughly answered. Personally, my husband and I have selected Peter to help us with our estate planning, and he has been very helpful in providing us with all of the information we need to provide a secure future for our family. Thank you, Peter!
Peter and his associates made things easy for us.