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Lanza & Lanza LLP
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908-905-0183
FLEMINGTON, NJ
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SOUTH PLAINFIELD, NJ

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September 2013 Archives

Financial planning for special needs trusts in New Jersey

New Jersey residents that have dedicated their lives to taking care of a family member with special needs often make provisions for those loved ones in their estate plans. Making the decision to create special needs trusts is the easy part of the decision. The part that can be more challenging is funding the trust.

New Jersey probate not as dreadful as it is made out to be

Having an estate plan is absolutely essential for anyone in New Jersey that wants to make sure that his or her assets are distributed to the people and in the manner that he or she wants. One of the selling points for estate planning is the goal of keeping a family from having to go through probate in order to inherit those assets. However, in many cases, probate is not the dreadful experience that it is made out to be.

Distribution of assets can go awry even with a New Jersey will

Many people in New Jersey are under the impression that when they change their will, their assets will go to whoever is designated in the will. However, there are many assets that aren't governed by the will. If the beneficiaries of those assets aren't changed as well, the distribution of assets upon death will not be governed by the will, but by the beneficiary designation.

New Jersey estate planning can help to carry out your wishes

As the old saying goes, "You can't take it with you!" That may be true, but New Jersey law does allow people to determine who will get their property when they pass away. Estate planning is essential in order to ensure that a person's wishes are carried out.

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Lanza & Lanza LLP
5 Main Street
Flemington, NJ 08822

Phone: 908-905-0183
Fax: 908-782-4012
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