Estate Settlement Services

When Planning The Administration Of An Estate, You Need Estate Settlement Services

When a person dies his or her estate may require the probate of a Last Will or the appointment of an Administrator.  In any event, estate settlement services are required in order to collect the decedent's assets, pay claims, bills and taxes and make proper distribution of the assets remaining in the estate.  The estate fiduciary has a duty and obligation to perform these tasks and may be held personally liable if there is a breach of fiduciary duty. A New York City estate settlement lawyer can advise you on this process.

In the case of the probate of a Will, the first step is to secure the original Will.  If the original Will cannot be located and only a copy is available, the probate process becomes more difficult and time consuming.  Typically, the person named in the Will as Executor completes a Probate Petition which is filed with the New York Surrogate's Court in the county where the decedent lived.  The probate petition contains information regarding the Will such as its date and the names of the attesting witnesses.  The petition also requires that information be provided as to the names and addresses of the decedent's next of kin ("distributees") and the estimated value of the personal and real property comprising the estate.

One very important aspect of Estate Settlement may involve the preparation of  an Estate Tax Return.  A decedent's estate may be subject to Federal and New York State estate taxes.  Both the Federal and State tax systems have different exemptions and methods to calculate the amount of tax that may be due.  An Estate Tax Return requires that information be reported regarding the decedent's Gross Estate which includes all of the assets the decedent may have had an interest in at the time of his death.

In order to properly prepare an estate tax return, the estate Executor or Administrator must search, locate and determine the value of the assets, debts, liabilities and expenses that are required to be reported on the tax return.  An estate settlement lawyer in New York City typically works with the estate fiduciary to accomplish the preparation and filing of the returns.  The Estate Attorney can prepare correspondence, contact banks and brokerage firms and other sources to assist with the search and liquidation of assets.  Additionally, an estate bank account can be established where the decedent's funds can be deposited and from which bills and distributions can be made.

Various deductions may be used to lower the estate tax liability.  Such deductions include the Marital Deduction and Charitable Deduction.  Estate administration expenses such as attorney's fees and executor's commissions can also be taken as deductions as well as funeral and burial costs.

As an estate settlement attorney in New York City, I have represented many clients in probate and administration proceedings.  I work personally with my clients to provide estate settlement services that make the process of collecting and distributing estate assets go smoothly.  Executors, Administrators, estate beneficiaries and family members are all well-served by efficient estate settlement services.  I can help you with these matters.

I was admitted to the New York State Bar in 1979 and opened my own law office in 1985. For personalized attentive estate settlement services and a free case evaluation with a New York City estate settlement attorney, you can contact me by telephone: (212) 355-2575, fax: (212) 751-5911 or e-mail 

Client Reviews
Jules Haas helped me with managing the process in probate court for my father's estate through to its completion upon the sale of my father's house. He was knowledgeable, efficient, and effective in submitting documentation to the probate court, explaining procedures to me, and advising me as to the progress of my case. His support staff was also very helpful. He made what for me created so much anxiety into something manageable where I could see progress every step of the way. His fees were very reasonable. I am super grateful to him for all the help he has provided and strongly recommend his services.
★★★★★
I found Mr. Haas after being misguided by a former attorney. Mr. Jules Haas took our case which involved an estate/trust dispute. What initially seemed like an impossible and overwhelming legal fight was now in the hands of someone who had the integrity and legal expertise to win our case. Mr Haas' attention to detail and his expert knowledge base, skillfully and successfully guided us through an intricate legal process. I am very thankful and grateful to Mr. Jules Haas for representing our interest and ultimately winning. Bringing about a peace of mind we needed. Thank You Devida Nedd
★★★★★
I was in need of a guardianship attorney and I hired the services of Jules M. Haas' Law firm. The service of counselor Haas and his staff, was very profesional and the case was handled in a timely matter. I would strongly recommend his services Angel Guevara
★★★★★
I strongly recommend Jules Haas. I have worked with him for two years and he has provided so much support and followed through with everything he promised he would do. His support staff is just as helpful! We had an interesting case and he helped to solve each part of it legally and was very thorough. Thank you for everything you have done to finalize our families estate Robyn Stafford
★★★★★