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Warren Office
25 Independence Boulevard
Warren, New Jersey 07059-6747

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908-360-1394 Phone
908-647-7721 FAX

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Warren Estate Planning Attorneys Help Protect Your Wealth

Proven strategies from experienced trusts attorneys in New Jersey

Prudent and careful estate planning can help you enjoy your wealth in security and pass it to your heirs with ease, eliminating unnecessary expenses and delays. At Herold Law, P.A., our attorneys prepare wills and trusts of all types and advise clients on advantageous techniques of property ownership and transfer to minimize taxes while achieving personal goals. We customize a plan to fit your circumstances by analyzing your financial data, recommending alternative dispositions of assets, and reviewing in detail the income and transfer tax consequences of various options. You can rely on our attorneys, several of whom have been listed among the Best Lawyers in America (Trusts and Estates Section) and New Jersey Super Lawyers (Estate Planning/Trusts Practice Area), and one of whom is a member of the American College of Trust and Estate Counsel.

Warren lawyers provide a full range of estate planning services

Our estate planning lawyers provide individual attention while developing asset protection and wealth transfer strategies for each client. These often include:

  • Last wills and testaments
  • Living trusts
  • Irrevocable life insurance trusts
  • Charitable remainder trusts
  • Charitable private foundations
  • Personal residence trusts
  • Family limited partnerships
  • Limited liability companies
  • Powers of attorney
  • Living wills

There are many advantages to having a comprehensive estate plan in addition to a will. Avoiding probate, minimizing taxation, and placing conditions on bequests are some of the key features. Let our attorneys show you how the right combination of legal instruments can provide safeguards for your health and welfare while you live and ease of transfer to your beneficiaries when you pass.

Settling estates in New Jersey after a loved one has passed

After a loved one passes, the estate must go through the process of probate (if a will exists) or estate administration (if there is no will). The executor named in the will, or appointed by the court if the named executor cannot serve, is charged with satisfying the probate requirements, while a representative approved by the court settles an intestate estate. Challenges to closing a loved one’s estate include:

  • Probating a will
  • Paying taxes and creditors
  • Collecting debts owed to the estate
  • Identifying, locating and notifying beneficiaries
  • Locating and assembling assets
  • Distributing assets to the proper parties
  • Litigating disputes, such as will challenges, in probate court

Depending on the size of the estate, this can be an enormous task, and overwhelming for an inexperienced individual. Our firm advises executors, trustees and beneficiaries regarding estate and trust administration issues. For those seeking individual executors or trustees, where other appropriate persons are unavailable, members of the firm are qualified to act, and do act, as fiduciaries.

Managing probate and trust disputes

Executors, estate representatives and trustees of trusts are fiduciaries with a duty to perform their tasks faithfully. Fiduciaries who perform in a careless, incompetent or dishonest manner can be held personally liable for the losses of the estate or trust. Beneficiaries can bring suit for several reasons, including:

  • Mismanagement of trust funds
  • Refusing to disburse estate or trust assets
  • Improperly favoring one beneficiary over another
  • Failing to account for assets

In addition to acting as trustees, we represent fiduciaries and beneficiaries in litigation involving estates and trusts.

Contact our Warren, NJ law firm for trust and estate services

The attorneys at Herold Law, P.A. help clients establish comprehensive estate plans and execute those plans after a grantor passes. To schedule a consultation with a skilled and knowledgeable trusts and estates lawyer, call 908-360-1394 or contact us online. From our Warren office, we assist clients throughout the State of New Jersey in many counties, including, but not limited to, Bergen, Essex, Hunterdon, Mercer, Middlesex, Morris, Passaic, Somerset, and Union.