For some New Jersey residents, a will may not be the best estate-planning tool. In some cases, a will may get tied up in probate for months. Probate can also be expensive. However, families of individuals who opt for do-it-yourself estate planning tools may still find themselves in a long probate process. Furthermore, an individual who completes an online will may still not have properly arranged for their assets to be distributed as intended.
Most New Jersey residents who are contemplating the preparation of their wills know that one of the important tasks is the appointment of an executor. This person is entrusted with a wide variety of responsibilities, one of the most important of which is ensuring that the provisions of the will dealing with the distribution of the testator's property to the designated beneficiaries are followed in a timely and complete manner.