Publications and Speaking Engagements Drew K. Kapur practices in the area of real estate law known as land value litigation. The primary focus of his practice is on the areas of eminent domain and condemnation, relocation assistance, and highway access management and control.
He has published articles in national and New Jersey publications on criminal, traffic, DWI, probate, estate planning, and litigation topics.
New clients call us Tuesday, October 14, Executor Duties and Responsibilities At some point in time, you may be asked to serve as the executor of the estate of a relative or friend, or you may ask someone to serve as your executor.
An executors job comes with many legal obligations. Under certain circumstances, an executor can even be held personally liable for unpaid estate taxes.
Lets review the major duties involved, which weve set out below. In General, the executors job is to 1. Distribute any assets or make any distributions of bequests, whether personal or charitable in nature, as the deceased directed under the provisions of the will.
Lets take a look at some of the specific steps involved and what these responsibilities can mean. Chronological order of the various duties may vary. The executor must "probate" the will. Probate is a process by which a will is admitted. This means that the will is given legal effect by the court.
The courts decision that the will was validly executed under state law gives the executor the power to perform his or her duties under the provisions of the will.
The executor takes legal title to the assets in the probate estate. The probate court will sometimes require a public accounting of the estate assets.
The assets of the estate must be found and may have to be collected. As part of the asset management function, the executor may have to liquidate or run a business or manage a securities portfolio.
To sell marketable securities or real estate, the executor will have to obtain stock power, tax waivers, file affidavits, and so on. Take Care of Tax Matters.
The executor is legally responsible for filing necessary income and estate-tax returns federal and state and for paying all death taxes i. The executor can, in some cases be held personally liable for unpaid taxes of the estate.
Taxes usually must be paid before other debts.The Resume Writing Services provided by Objective: Resumes will help you Get More Interviews and Job Offers, We Guarantee it!
Resume writing services today can play a pivotal role in assisting candidates in navigating a job market that is more competitive and complex than ever before. The firm takes its name from Frederick Withum, Leonard Smith, and Ivan Brown, who founded their self-titled company in in Middlesex County, N.J.
The firm's founders began their careers at larger accounting firms, and when they struck out on their own, their idea was to provide personalized service to companies that were still growing. TRENTON -- Gov.
Chris Christie mocked a compromise plan by state Assembly Speaker Vincent Prieto to rescue Atlantic City from bankruptcy as a "desperate effort" to wait out the governor's final Ref ID: Classification: Tax Staff - Corporate Compensation: $, to $, per year Very stable and growing regional CPA Firm located in Essex County, NJ seeks a State and Local Tax Manager or Director depending on experience.
The state of New Jersey's official Web site is the gateway to NJ information and services for residents, visitors, and businesses. Kenneth A.
Vercammen is a Middlesex County, NJ trial attorney who has published articles in national and New Jersey publications on Probate and litigation topics.
He often lectures to trial lawyers of the American Bar Association, New Jersey State Bar Association and Middlesex County .