Many people think of estate planning as something that only benefits loved ones after death. While it is true that an estate plan provides for family members, it can also offer significant benefits during one’s own lifetime. If you are on the fence about starting your...
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Estate Planning
Becoming a grandparent? Why you should revise your estate plan
Becoming a grandparent is a beautiful, emotional time in any person's life. When a grandchild is born, you discover an immeasurable love beyond words. With that, you should consider protecting your legacy and family, including your new grandbaby! Why it matters...
Why your family may lose money if you do not have an estate plan
Failing to create an estate plan can lead to significant financial losses for families in New Jersey. Without a plan, the state determines the distribution of assets, which may not align with the wishes of the deceased. This process, known as intestate succession,...
Why revisiting your estate plan upon retirement is crucial
Retirement brings significant changes to your life, making it an ideal time to review your estate plan. Updating your estate plan ensures it reflects your current wishes and circumstances, providing peace of mind for you and your loved ones. Changes in financial...
When should you start estate planning?
Many people believe estate planning is something to consider later in life, but starting early can provide significant benefits. In New Jersey, it's wise to begin your estate plan as soon as you have assets or responsibilities you want to protect and manage. Starting...
Basics of Estate Planning in New Jersey
Estate planning is crucial for managing your assets and ensuring your wishes are honored. In New Jersey, estate planning involves more than drafting a will. This blog post will provide an overview of the essentials of estate planning in New Jersey. The Importance of...
How can having children affect estate planning?
Having children can both bring you joy and lead to more responsibility. One of the biggest responsibilities is planning for the future, which includes estate planning. It is important to consider how having children affects this process. Naming guardians When you have...
Was your loved one coerced to change an estate plan?
In New Jersey and all other states, a person must demonstrate testamentary capacity to execute a last will and testament. The phrase basically means that a person signing a will must be of sound mind at the time. The person must also understand the value of his or her...
How estate planning can help while you’re still alive
There are people in New Jersey and across the country who will suffer cataclysmic events that leave them incapacitated. Perhaps someone will suffer a brain injury in a motor vehicle accident. Others will experience neurodegenerative diseases like dementia or...
4 critical issues regarding a last will and testament
Perhaps, at one time, you counted yourself among thousands of others in New Jersey who have avoided the estate planning process because you don’t like to think or talk about your own mortality. This type of hesitation is far more common than you might imagine. Maybe...