Estate planning is a crucial aspect of financial management that ensures your assets are distributed in accordance with your wishes after your death. However, New Jersey estate planning law can be complex. Besides ensuring that your assets go where you intend, minimizing tax impact and the costs associated with probate…
Articles Posted in New Jersey Estate Planning Attorneys
The Importance of Having a Will Under New Jersey Inheritance Law
New Jersey estate law makes having a well-written will crucial. At first glance, the concept of creating a will may seem somewhat morbid or uncomfortable. After all, the process involves contemplating our mortality and deciding on the distribution of our assets after we’re gone. However, there is a compelling case…
Estate Planning During the COVID-19 Health Crisis: Holographic Wills
A holographic will is a will that is handwritten, signed and dated by the testator (the person whose will it is). Under New Jersey estate planning Law, holographic wills can be probated and will serve to ensure that the Testator’s assets are bequeathed according to the Testator’s wishes. In fact,…
Estate and Elder Care Planning after Being Diagnosed with Dementia
Frequently, when you or a family member are first diagnosed with dementia, you still have the capacity and are legally “competent” to make your own estate planning decisions. The four documents discussed here will assist a person with dementia and their loved ones as the disease progresses and they no…