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Law Offices of Nancy M. Rice
1236 Brace Road, Suite F
Cherry Hill, NJ 08034
Phone: 856-673-0048
Fax: 856-673-0052
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Linwood Professional Plaza
2021 New Road, Unit #9
Linwood, NJ 08021
Phone: 609-398-3447
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February 2015 Archives

Putting the family home into trust as part of an estate plan

Many New Jersey residents use trusts as part of their estate planning. The family home is usually the largest asset many people own, and is often the first item to go into the trust. This and other assets need to be properly placed into the trust in order to be sure that an individual's estate plan is carried out in accordance with his or her wishes.

The terminology of estate planning

New Jersey residents often hear that it is a good idea to put their affairs in order to ensure that their wishes are carried out after death. However, once people begin to look into what estate planning entails, they are often overwhelmed by the multitude of documents and choices in front of them. Having at least a rudimentary understanding of the terminology associated with estate planning could make the process less confusing.