New Jersey probate lawyer Christine Matus (https://matuslaw.com/executor-vs-administrator-what-is-the-difference/), of The Matus Law Group, has recently authored an insightful article titled ‘Executor vs Administrator: What Is the Difference?’. The piece serves as a valuable resource for individuals navigating the complexities of probate administration in New Jersey, clarifying the distinct roles and responsibilities of executors and administrators in the probate process.

In estate planning and probate, the distinction between an executor and an administrator is pivotal. New Jersey probate lawyer Christine Matus has meticulously outlined this differentiation, providing clarity to those faced with the prospect of managing a loved one’s estate. The probate process can be intricate, and understanding whether one will serve as an executor or an administrator is a critical first step.

According to New Jersey probate lawyer Christine Matus, “The executor is named in the will by the testator and is tasked with the responsibility of carrying out the testator’s wishes as outlined in their will.” Matus further explains that “An administrator, on the other hand, is appointed in the absence of a will and is responsible for distributing the decedent’s assets in accordance with state intestacy laws.”

The article by Christine Matus details the duties that fall upon these personal representatives, from the pooling of assets and paying off debts to handling tax obligations and distributing remaining assets to heirs and beneficiaries. The gravity of this role cannot be overstated, as these individuals hold the authority to act on behalf of the estate and are accountable to both heirs and creditors.

Matus emphasizes the importance of choosing a trustworthy and diligent executor, stating, “Choosing the right person as the executor of one’s will is as crucial as constructing a robust estate plan.” She adds, “An executor should be an individual whom one trusts implicitly to represent their interests and manage their estate with the utmost care.”

The article goes on to describe the qualifications required for someone to be appointed as an executor in New Jersey and the various steps involved in the probate process, such as submitting the will to the Surrogate’s Court and managing the estate’s assets and debts.

In cases where an individual dies without a will, the role of the administrator comes to the forefront. Matus’s article explains the appointment process for administrators and the hierarchy of heirs considered by the Surrogate’s Court. The responsibilities of an administrator mirror those of an executor, yet they are distinguished by the manner of their appointment.

Matus also addresses the timeframes for executors and administrators to distribute assets, noting that while New Jersey law mandates timely closure of the estate, no specific minimum or maximum period is enforced. She highlights the importance of waiting for the closing letter from the state or the IRS if the estate is subject to tax.

New Jersey probate lawyer Christine Matus underscores the importance of establishing a will and appointing a trusted executor. She advises individuals to seek the guidance of a seasoned New Jersey probate attorney to ensure that their estate planning objectives are met and to facilitate a smoother probate process.

For those seeking further understanding and assistance in probate administration, the article by Christine Matus serves as an excellent starting point. 

About The Matus Law Group:

The Matus Law Group is a law firm committed to delivering exceptional legal services in the areas of estate planning and probate administration. The team is composed of dedicated professionals who approach each case with compassion and diligence. They believe in a client-centered philosophy, ensuring that their representation is tailored to the unique needs and goals of each individual they serve. With a focus on creating enduring relationships and providing peace of mind, The Matus Law Group stands as a pillar of legal knowledge in the New Jersey community.

Embeds:

Youtube Video: https://www.youtube.com/watch?v=X5XFQ2SW8S0

GMB: https://www.google.com/maps?cid=3241702663730814860

Email and website

Email: admin@matuslaw.com

Website: https://matuslaw.com/monmouth-county-nj/

Media Contact
Company Name: Matus Law Group
Contact Person: Christine Matus
Email: Send Email
Phone: (732) 785-4453
Address:125 Half Mile Rd #201A
City: Red Bank
State: New Jersey 07701
Country: United States
Website: https://matuslaw.com/