On Demand Audio

Highlights of Basic New Jersey Estate Administration

Produced on September 12, 2019

Taught by
$ 59 Wills, Trusts, & Estates In Stock
Get started now

$299 / year - Access to this Course and 1,500+ Lawline courses

or

Course Information

Time 50 minutes
Difficulty Beginner

Course Description

Everyone knows someone who has died, but not everyone knows how to manage that person’s assets and estate when they die. For attorneys, guiding clients through the complexities of estate administration - which can take many years in some cases - requires compassion as well as a deep understanding of the process. This course, taught by Jordan Wassel of Schenk, Price, and King, will provide insight into the basics of New Jersey estate administration, including a review of the administrative tasks involved, common ways they can be mishandled, and best practices, and give participants a solid foundational understanding of the process.


Learning Objectives:

  1. Examine the role and process of the Surrogate’s Court
  2. Highlight differences between testate estates and intestate estates
  3. Discuss how to gather and distribute assets
  4. Dive into the nuances of the “death taxes”

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Jordan Wassel

Schenck, Price, Smith & King LLP

Jordan M. Wassel joined Schenck, Price, Smith & King in January 2015.  Mr. Wassel focuses his practice on trusts and estates matters.  He has experience assisting clients with the development of their estate plans including the preparation of general durable powers of attorney, advance directives, last wills and testaments, revocable living trusts, and life insurance trusts. Mr. Wassel also assists clients with all aspects of estate and trust administration including probate matters and with the preparation of federal and New Jersey estate and inheritance tax returns. 

Prior to joining Schenck, Price, Smith & King, Mr. Wassel worked at the Baltimore County Register of Wills.  He also worked as an attorney in the estate department of a large Baltimore law firm.

Mr. Wassel graduated from the University of Maryland with a B.A. in Communications and received his J.D. from the University of Baltimore School of Law. While attending law school, he was a law clerk for the Office of Administrative Hearings in Hunt Valley, Maryland. 




Reviews

AM
Andrew M.

Agood explanation of NJ taxes and fee for executor.

Load More