People in New Jersey and around the country who are planning their estates often spend so much of their efforts deciding how and what to leave behind for their loved ones after they’re gone that they forget to consider how their own needs may change as they get older....
If your elderly parents have not yet written a will, they certainly are not alone. After all, as AARP notes, roughly 20% of those over the age of 72 have not prepared an estate plan. Even if your parents are healthy and active, you may want to encourage them to...
Estate planning may seem like a daunting task, but it can be simplified. The documents you need in a well-rounded estate plan generally either address health care issues or financial issues. The following is a brief overview of what you can include in your estate...
Estate planning can seem complicated, but it simply boils down to a number of steps you can take to ensure your final wishes are met. While drafting and officializing a will, power of attorney and advance health care directive are important components of estate...
Estate planning is daunting to consider because it deals with the often uncomfortable subject of death. A simple will states who will receive your assets after you pass away. If you do not create a will prior to your passing, the laws of your state will determine the...
It is a mistake to think that having a will is something that is not affordable or not for everyone. Having a will can help ensure the estate planner’s belongings end up in the hands of who they want them to. For that reason, estate planners should know what a simple...
Having an advanced health care directive helps ensure that you have a say in what happens to you if something tragic or unanticipated occurs. A living will is one type of advance directive, and doctors or loved ones may need to reference yours if you fall into a state...
In New Jersey, completing an estate plan is a wise step. Even if it is a simple document like a no-frills will, it can go a long way in avoiding disagreements among heirs after the person – the testator – has passed on. Still, people make mistakes or do not update...
It is a fact of life that no one lives forever. Unpleasant as it may be, you need to be prepared for the inevitable with an estate plan. If you do not have an estate plan at the time of your death the laws of the state of New Jersey will determine who will inherit...
A lot of people stress over estate planning. Truth be told, though, the estate planning process doesn’t have to be that difficult. You just have to know the law, your estate planning options, and how the law and your estate planning options fit into your family...
