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...
Estate Planning Law Blog
What types of estate planning documents should you include?
Everyone should consider an estate plan. During the estate planning process, there are several documents that you should consider. According to AARP, the proper estate planning documents can ease your family’s struggles at the time of your death or in case you suffer...
Why should you discuss your will with your family?
New Jersey residents like you put time and effort into your estate while alive. You craft your estate plan with care so that it can get passed along according to your wishes. But you also want to let your beneficiaries know exactly what to expect down the pike. While...
3 important estate-planning steps for new parents
Becoming a parent changes more than just your sleep schedule. Once you become responsible for another human being, most aspects of your life undergo change, and if you have not given much thought to your estate plan, now is the time to do so. Estate planning may...
Millenials and estate planning
If you are a young adult or have not yet reached middle age, you could overlook end of life issues, thinking that it is unnecessary to address these issues at this point in your life. Many Millenials do not have an estate plan set up, but there are a number of reasons...
How long may the probate process last in New Jersey?
From the time that your estate's administrator submits your will to the New Jersey probate court, the process may take up to a year to complete. Depending on the type of property you own and your beneficiaries, however, the procedure may wrap up sooner. As noted by...
Why is estate planning important for people without children?
Estate planning is particularly important for people who have minor children so they can appoint a guardian to care for them in the event of both parents' death. However, is it really necessary if you do not have children? Failing to create a will or any type of...
What is a living will and why should you have one?
Accidents, serious illnesses and other issues may strike unexpectedly, and they can affect people of all ages and health conditions. Due to serious injury or illness, you may lack the ability to make decisions regarding your care. Thus, important choices may fall into...
3 signs you may need to revisit your simple will
If you have already drafted a simple will, you are doing better than most. After all, according to the American Association of Retired People, only about 40% of Americans have gone through the estate planning process. While writing your initial will is a major...
Who should be the executor of your will?
Your last will and testament is essential if you want to make sure your estate gets distributed in the way you want after you have passed. Seeing as you won't be around to execute your will after your death in New Jersey, choosing the right executor is arguable just...