While the two have the same general purpose, there are some key differences between a trust and a will. We can help you understand if a will, a living trust, or both are necessary as a part of an effective estate plan. We will look at your personal preferences and individual situation and offer advice …
You make a will by declaring your assets and who your heirs are. Making a Will Making a will is a relatively easy process. However, it is best to enlist the help of an estate planning attorney so that your family members do not encounter difficulties after your death. When you make a will, you …
A will is legal in New Jersey if it is handwritten or typed by a competent adult and witnessed by two other people. It is self-proving if it also has been notarized. Having a legal last will and testament ensures your surviving friends and family members follow your wishes when it comes time to distribute …
Knowing how a trust works when someone dies in New Jersey can make an extremely difficult time a bit easier. A trust gives beneficiaries quick access to the money they need if the person who established the trust passes away. It allows them to continue to pay their bills and to cover other necessary costs …
In New Jersey, a living will is known as an instruction declaration. This document explains your wishes about when you want medical care to extend your life, and what type of care you want. This document goes into effect only if you become seriously ill, suffer severe injuries, or are otherwise incapacitated. Your browser does …
Your will should contain everything necessary to ensure the executor can settle your estate in a way that is true to your wishes. This will protect your family members and their financial future, limit disputes, and give you control of what happens to your assets after your death. A will, or “last will and testament,” …
