The intent of having an estate plan is to ensure that one has control over certain factors in the future. This includes finances, medical care and even the distribution of assets after one’s death. Having an estate plan is a prudent step for every adult, regardless of...
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Estate Planning
Stepchildren, older parents and plans for the future
Most people consider estate planning a necessary tool that allows individuals to control what happens to property and assets after their death. While asset distribution is an important aspect of planning for the future, it also allows people to plan for health care...
Effective estate-planning strategies for single adults
Adults of all ages will benefit from considering their future legal and financial needs. It’s not always a pleasant process to think about what will happen after passing away, but it is important to do so in order to have control over certain things, like distribution...
Estate planning: An investment in your future
Many aspects of planning for the future can be overwhelming and confusing for New Jersey adults, and this is one of many reasons why some may be hesitant to start this process. Others may delay the estate planning process because they believe they are not wealthy...
Should you consider adding a trust as part of your estate plan?
You understand the importance of planning for the future, and this is why you’ve made it a point to create a meaningful estate plan. Your plan includes a will, health care directives and more. However, you may assume these are the only things you should consider for...
Why new homeowners need to create an estate plan
Planning for the future may not seem necessary for those who are young and healthy, but it is essential for most New Jersey adults. If you are a first-time homebuyer, there are certain steps you can take that will allow you to protect your interests and ensure you...
Avoid these five estate planning mistakes
Planning for the future is not an easy task. New Jersey adults often avoid this process because they don’t believe it’s necessary for their situation. In reality, estate planning is a prudent step for individuals of all ages and income levels. There are significant...
Should digital assets be included in your estate plan?
You have likely heard all the reasons why it’s essential to have a thorough, solid estate plan. Your grieving loved ones whom you leave behind will be so grateful that they have your wishes laid out clearly for them to follow when distributing your assets. But many...
Discussing estate plans with family members is wise
Though getting one’s final affairs in order is a deeply personal experience, it is important that any decisions made do not remain a secret. In some cases, New Jersey residents may think that they have been clear in their instructions, but family members could still...
Utilizing the benefits of trusts in your estate plan
It’s impossible to know what types of legal and financial protections you may need in the future, but you can create an estate plan that will allow you to meet the needs of your beneficiaries and loved ones. One way you can do this is by establishing a trust. This is...