Creating a New Jersey will is a sobering task and one that many people put off. However, if you have a spouse or family members, it is a critical component for taking care of them after your death. Without a valid will, the state steps in and makes decisions that may or may not echo your preferences. We often help clients create wills and estate plans that meet their needs.

According to Kiplinger, even a simple will must have the right components to stand up to review by the probate court. Take the time and think through your decisions before committing them to the official document. When done well, it can help ease the stress and pain of your passing. Here are a few things to keep in mind when creating your will.

Name an executor

An executor is the person you trust to carry out your wishes and is key for closing your estate properly. Being an executor is a tremendous responsibility. The person you choose should have financial or legal knowledge and be able to make difficult decisions in the best interests of your beneficiaries. Depending on the details of your estate, the executor may make sure the contents of your bank accounts, retirement funds or safe deposit boxes get transferred according to your wishes.

Coordinate beneficiary designations

Make sure the beneficiaries named in your life insurance policy, IRA or other financial instruments match those listed in your will. The name that is on the account takes precedence over your will. In the event you die without no beneficiary named, the funds go to your spouse, then follow a hierarchy of blood relatives.

Family relationships are often complicated. If you have several children or grandchildren, a blended family or friends that you wish to receive a piece of your property, having a will can ensure your wishes are clear, reduce expenses and complications upon your death.

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