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Posts tagged "Financial Advisors"

New Jersey estate planning can include life lessons, stories

When people plan an estate, they often think in terms of money and valuables that can be passed down to their heirs and future generations. However, there may be more value and meaning to an inheritance when life lessons and stories are also passed down. In New Jersey and elsewhere, individuals are becoming more concerned with leaving behind a legacy in addition to their assets. Professionals who assist with estate planning are also recognizing the importance of having older adults pass on life stories to their loved ones.

New Jersey estate planning: Plan for pets in a natural disaster

When someone thinks of estate planning, it is often with the thought that it will only be needed after someone has lived a long life. However, with the recent devastation and loss of life brought to New Jersey from Hurricane Sandy, estate planning is again in the picture. This time it's for pets. A hurricane forecast is often fraught with guessing and sometimes panic, but when a city is struck by such a damaging storm, our loved ones and pets can often become lost in the chaos.

Estate planning should start when life begins, not when it ends

Most people would associate estate planning with the end of life. But the best time for expectant parents to begin building an estate plan is soon after the child is born. Many of the legal ramifications in estate planning in New Jersey change when a baby is born and should be attended to as soon as possible after the birth.

Estate planning necessary to keep family out of danger

Many people don't realize the need for financial planning as they get older. Believe it or not, those who are not actively involved in estate planning may be putting their family at risk. One of the problems that financial planners in New Jersey and elsewhere are finding is that only one spouse may be involved in the finances. When something happens to this person, it may be difficult for the other spouse to continue with the finances going forward.