Estate Administration Lawyer Teaneck, NJ
Implementing a trust and estate plan to protect, preserve, and transfer assets is helpful when done before a crisis happens. But sometimes, a situation arrives without warning, and requires our immediate responses to tax, business, and health care decisions. Not preparing for life transitions can lead to higher costs and less control over important financial and personal choices. Our Teaneck, NJ estate administration lawyer always suggests creating an estate plan as soon as possible, before any unexpected events occur. If you have questions about estate planning, do not hesitate to contact our team at Kaplan Law Practice, LLC today.
Trust And Estate Administration
Each administrator, executor, trustee, or other fiduciary is bound to attend to their financial, legal, and ethical duties. Without a concise plan, the fiduciary cannot perform their tasks as needed and may risk personal liability and expenses. Our team can ensure that you have a full understanding of your obligations and have a clear path for fulfilling these responsibilities. Our dedicated estate administration attorney can guide you through the process so that you meet the timely requirements and that it is done so in a smooth and effective manner. There can be strict deadlines that must be met and beneficiaries who will want their inheritance without delay.
Beneficiary Dispute Resolutions
The passing of a loved one can evoke intense emotions, understandably. Grief is a difficult process to navigate, and beneficiaries may come to disagree. Disputes are often regarding the validity or interpretation of the decedent’s will or trust. There may have been unforeseen circumstances or actions committed by the fiduciary that are now challenged by beneficiaries. With our support, we can help you work through disputes so that amicable resolutions are found. If a solution is not reached, then going to court is the last option. We are always prepared to enforce a beneficiary’s right to have their distributive share, along with the right to expect that a fiduciary will accomplish their duties without bias. If you are dealing with a beneficiary dispute or another estate planning concern, we are ready to assist you.
Kaplan Law Practice, LLC
If you have the duty to administer an estate, then there is work to be done. We know that this role can feel intimidating, but you can rest assured that we are here to lead you through every step. Handling the estate of the deceased can come along with certain nuances and sensitivities to everyone involved. Loved ones may dispute and contest over the validity of the decedent’s estate plan documentation. Ideally, the process is straightforward and no problems arise. But it is best to have our team at Kaplan Law Practice, LLC by your side as you complete your duties to prevent mistakes or errors being made. If you would like to know more about how our NJ estate administration attorney can help you, contact us as soon as you are ready!
Estate Administration Lawyer Teaneck, NJ
People work hard to build their estate overtime, so it makes sense that they would want to protect it and see that it is handled as they wish after passing on. Our Teaneck, NJ estate administration lawyer can utilize strategies so that assets are moved smoothly to the next generation of family, friends, or charity organizations. At Kaplan Law Practice, LLC, we can help with a range of estate planning related topics along with estate administration. Contact us today if you need immediate assistance or guidance of any kind. We hope to hear from you!
Estate Administration And Probate
After losing a loved one, family members may be left with work to do. This can come at a time when they are mourning their loss and may struggle to find the energy to deal legal tasks. Our team is committed to handling the legal aspect on behalf of families. If your loved one died intestate or left behind a will, we can take the steps required to see that their wishes are followed after their departure. We can also help the executor and estate administrators so they can feel confident about the duties they must fulfill at this time. Our dedicated estate administration attorney can step in to address disputes if a conflict arises between beneficiaries over how the estate is being handled.
Creating Your Estate Plan
When people think of estate planning, they usually think of wills and trusts. While these two documents can certainly be useful, they are not the only tools that can be effective in protecting an estate. Once we consult with you further, we can understand what your wishes are and recommend establishing certain documents that reflect what you want to happen now and in the future. There are many elements of estate planning, and once we speak with you we may suggest establishing one or more of the following:
- Power of attorney
- Trusts
- Living will
- Insurance policies
- Titles and deeds
- Guardianship designations
- Advanced health care directive
- Revocable trust
- Irrevocable trust
- Beneficiary designations
- Durable financial power of attorney
If you already have an estate plan in place, you may think you are all set. But you may have to make changes to your documents as life circumstances or events happen. You may have the birth of new family members, go through a divorce or new marriage, receive an inheritance, or other changes that require an update to your documents. If you need help with this, we are ready to assist you!
Kaplan Law Practice, LLC
At Kaplan Law Practice, LLC, we believe in securing your future so that you can have peace of mind now. By devising an estate plan, you can safeguard your assets and legacy and ensure that they are distributed to beneficiaries how you so wish. If you are someone who needs to administer an estate, we can support you every step of the way. We know that this role can seem overwhelming, but with our guidance, you won’t have to worry. Our NJ estate administration attorney can surely talk with you in more detail about your needs over a consultation. Reach out today to get started!