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 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.
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.
Peter Klenk and his associates are responsive and professional - It is a pleasure to work with their team. If you have needs in estate planning or administration, they are the firm to go to in the Philadelphia area!
Peter is a model attorney who puts his clients first at all costs. His extensive expertise in estate planning and tax planning was a great comfort as we began, and have expanded, our family. He is very thoughtful, generous, and quick witted. His approach towards his business has been an inspiration to his peer group, and his zest for life is extremely infectious. Without reservation, I highly recommend Peter as trusted and cherished counsel
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.
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