Many of the participants in a recent survey said they do not have a specific plan in place to manage their assets after they die. Among the group, women were more likely than men to have not executed a plan, although 59% of men surveyed have also avoided the process....
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The lesser-known benefits of creating an estate plan
Regardless of wealth status, the size of an individual estate or future financial prospects, it is in the interests of each adult to have a plan in place for the future. If you do not yet have an estate plan, it is in your interests to take the time to create one that...
Can you pass your firearms to loved ones in your estate plan?
One of the most important things you can accomplish with your estate plan is ensuring that your assets pass to your loved ones as you intended. You may have a range of goals for your personal property both during and after your lifetime, and you can create a strategy...
The benefits of planning ahead and preparation
Regardless of how hard you try, it is impossible to accurately plan for the future. You cannot predict what will happen tomorrow, yet alone what will happen in the months and years ahead. This is why it is essential to make legal and financial plans that will allow...
Estate planning tools for loved ones with special needs
You might be one of many New Jersey parents who have a child (either minor or adult) with special needs. Or, perhaps, you provide daily care for an incapacitated spouse or other family member. It’s understandable that you might worry about how to provide for your...
The importance of digital estate planning
One of the most complicated aspects of planning for the future is making decisions about sensitive matters, such as potential medical needs and distribution of assets after death. While these are not easy matters to consider, estate planning is a necessary and...
Which adults will benefit from an estate plan?
When you consider the future, you may think about your retirement plans, college savings for your kids and other dreams you hope to accomplish. You may not give much consideration to what will happen after you pass or what types of care you may need if you find...
The big 6: estate planning documents
Many New Jersey residents are worried about asset protection. With an unstable economy, they want to be sure to preserve the legacy and inheritance they have in mind for their loved ones. Estate planning is a useful tool to help accomplish this goal. If you are...
Estate planning and open lines of communication
When it comes to your estate plan, full disclosure is of paramount importance. Sharing vital data on accounts, bills, and the overall financial picture helps keep the lines of communication open and avoid surprises following a tragic loss. When information is not...
7 steps to creating a strong and sustainable estate plan
It is difficult to predict the type of support and help you may need in the future. While you cannot predict what you need for your security and long-term interests, there are steps you can take that will allow you to feel confident regarding what is ahead. One of the...