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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,...
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...
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...
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...
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...
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...
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...
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...
Perhaps you’re like many people in New Jersey and beyond who have spent time thinking about their own mortality and wanting to take steps to craft an estate plan. You might even have a beneficiary in mind for your last will and testament or insurance policies and...
Most adults benefit from the protections provided by a complete and thoughtfully prepared legal and financial strategy. There is no specific one-size-fits-all approach to estate planning, and you can create a plan that is uniquely suited to your needs and objectives....
