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Agreeing to oversee an estate in New Jersey is a significant responsibility that entails several important tasks. Your preparation to fill this role can help you have the confidence to make knowledgeable, timely and effective decisions. Working together with the...
A last will and testament is vital to ensuring your loved ones receive the assets you wish them to after your death. However, many individuals fail to create one before passing away. Even a number of celebrities neglect this task. It is not uncommon for people to put...
Every state has a set of requirements for lasts wills and testaments. If your will fails to meet these requirements, the state may declare it invalid when its validity matters most. For this reason, it is important to, at the very least, consult with a professional...
The death of a loved one in New Jersey necessitates a number of different actions, with the administration of their estate chief among them. You might think that said administration becomes much easier if and when you learn that they did not prepare a will. You might...
A person in New Jersey has an option of several different types of wills. The main purpose of many of these documents is to honor the deceased person's wishes for the direction of assets. Perhaps the most informal of will types is known as a holographic will. The...
If you die without a will in New Jersey, the court steps in. Probate freezes all of your assets until the court ensures that all relevant parties received notification of your passing, it receives a property appraisal and creditors get paid. This process can take...
If you have written a will, you are doing better than many. According to one recent study, 68% of Americans do not yet have a will. Writing your will, of course, is only part of the estate planning process. You must also regularly review the document to ensure it...
Engaging with the probate process may be a headache depending on a decedent's assets or his or her state of residency. This process becomes complicated when it involves more moving parts like, for example, when a person dies while living in one state and owning...
Creating a will is one of those tasks that may feel easy to kick down the road—something anyone could do tomorrow instead of today. But nobody knows how many tomorrows they have left, which makes today the best time to consider one. According to Business Journalism,...
Making a will involves a variety of difficult choices, but if you have minor children, choosing a guardian to care for them in the event of your death is likely one of the most daunting. U.S. News notes that failing to name a guardian for your minor child leaves a...
