It is easy to think of estate planning as something only for people in their golden years, or those who have high-net-worth. If neither of these apply to you, you may wonder why you need a will at all. In these situations, simple wills are the best choice. According...
What are reasons to revisit my will?
When you finish writing your will, you might believe you have done your job. However, just because you have completed your will does not mean you should never revisit it. You may have a reason to change some of the provisions since you last wrote the will. There are a...
Do you need a will?
If you do not own many assets, you may think that you do not need to go through the process of creating a legal will. However, it is almost always a good idea to do so. Most people, even those with limited assets, can benefit from a will because it can handle the...
Do you need to list your digital accounts in your will?
Perhaps you have a New Jersey friend on social media who died years ago, yet he or she still appears in your lists of friends or followers because the account is still active. So much of life takes place online, you may wonder what may happen to your...
When a simple will works
Creating an estate plan in New Jersey is a crucial part of becoming an adult. Experts recommend that a person should draft a will once he or she acquires property or starts to collect assets. A will is a directive triggered by death. It lists where the deceased wishes...
Are there items you should not include in your will?
A will is a very important document, as it tells your loved ones exactly what you wish to become of your New Jersey property and assets in the event of your death. However, while a will is meant to detail your wishes, there are certain types of property you either...
3 key factors that ensure a will is valid
When drafting a will, you need to make sure it's going to be valid and hold up after your death. Don't just assume that it will. While your estate plan does not necessarily need to be complex or legally daunting, all paperwork has to be drafted and filed properly so...
Why designate a durable power of attorney?
An effective estate plan is made of several pieces, all essential to completing the puzzle. Most people know they must create a will to administer their assets. However, not everyone knows the other important steps, including designating a durable power of attorney....
The 5 main reasons you need a will
Wills aren't just for millionaires and those with huge estates to distribute. It's wise for anyone to have a will, regardless of assets. Wondering if you really need one? Below are five key reasons. With a will: You make plans for the kids. Even if you don't have...
What you should not include in your will
Having a will is one of the most important things in life, no matter your age, marital situation or if you have children. All adults beginning at the age of 18 should have some form of will. If you want to wait, it's best that you wait no longer than graduating from...