Simple Wills: A Down-To-Earth Estate Planning Option
One of the most common misconceptions about estate planning is that it is neither necessary nor affordable for the average person. However, without a valid will or another form of estate plan, your loved ones will likely face the stress of probate — and your belongings may end up in the wrong hands.
You do not have to spend your time and resources on an elaborate estate plan if you don’t need one. Instead, get the protection you need with a plan that suits your life.
At Donald F. Campbell, Sr. & Associates, we are committed to practical solutions for our New Jersey clients. Depending on your situation, a simple will could be the most practical and effective estate planning option for you. Let us help give you peace of mind.
Is A Simple Will Right For You?
A simple will can be a good option for many people, but it would not be the best option for everyone. To make an informed decision, you can review your estate planning goals and speak to a lawyer about its potential benefits and drawbacks.
Simple wills are typically easy and cost-efficient to create while offering a degree of protection for your beneficiaries. This option can especially help individuals who primarily want to avoid probate and ensure that their chosen loved ones inherit the house, car, savings, keepsakes and other personal valuables.
With complex assets, high net worth or specific family concerns, however, a simple will might not provide enough protection. For example, business owners typically require higher control over what happens to their company than what a simple will would enable. Trusts or other estate planning methods may allow you to fully plan for unusual or high-value assets and your wishes.
Consult with our attorneys at Donald F. Campbell, Sr. & Associates, to assess your unique needs and options.
Create An Effective Simple Will Today
It is never too early to start building a plan for your assets and loved ones. Start drafting a simple will or ask us questions about your options at 732-994-6092. You can also email us to schedule a consultation with our Jackson office.