Although the duties of an Administrator and an Executor can vary, normally because the Administrator distributes assets in accordance with statutes, while the Executor follows the terms of a Will, there are some general responsibilities to which both must attend. After being appointed as the personal representative of the estate, you will be required, in part, to:
Provide the required notice to heirs, relatives and other interested parties;
Ascertain and gather the assets of the estate;
Pay lawful and legitimate expenses related to the Decedent and/or the Estate;
Prepare, if necessary, the Decedent’s final income tax return, an estate income tax return, a federal estate tax return, a New Jersey Inheritance tax return and/or a New Jersey Estate tax return;
Ensure that all necessary taxes are paid;
Prepare an informal or formal accounting;
Distribute assets and obtain the necessary release and refunding bonds so that you may be discharged from your services as the estate’s representative.
Numerous issues can complicate the process and a variety of questions can arise as to some or all of the above, many or most of which we have dealt with in the past.
There is no time like the present to prepare for the future. When you need skilled legal representation for your wills, come to Sherman Law Offices for our assistance. Contact us today at 856-769-5711.
"Bruce Sherman's services are of the highest quality and I strongly recommend his practice to anyone needing representation. Bruce and his staff are hardworking professionals that are focused on each individual case while making the client's experience positive during their time of need. It is not only because of their communication, responsiveness, quality of work, and value of service provided that I highly recommend Bruce and his staff, but also because of his attention to detail."
"Bruce Sherman is a very knowledgeable attorney, who made sure he had my best interest during the entire process. I am beyond proud of my representation. Mr. Sherman did exactly what I needed done and gave me the more than perfect results I requested. I highly recommend his services and will continue to use him as my attorney for years to come."
"Bruce is an excellent attorney--very thorough and on top of your particular situation. Would recommend him without reservations."
"Josh has painstakingly worked through our case and has gotten the results needed to protect our family. He is dedicated, meticulous, and patient. He spends many hours speaking with us, compiling information, and he makes the right decisions for our case. In the courtroom he is professional, knowledgeable, and direct. Our case is complicated however his level of expertise is getting the results needed for our family. I would highly recommend Josh to anyone. He has been an invaluable asset throughout this process."
"I have had the privilege of working with Josh Sherman on a legal case. Josh extrapolates the details in an organized fashion to develop a case in a timely and efficient manner. He provides case law that any judge would be compelled to uphold. Josh is not only an eloquent writer, but he is quick on his feet in the courtroom. Over the years, I have had to seek legal counsel. I wish I knew Josh then. I highly recommend Josh Sherman. He will take you under his wing and provide you with the best legal counsel."
Mailing Address: P.O. Box 325, Woodstown, NJ 08098