Estate planning is a vital duty of being an adult. The first of the year is a good time to get this taken care of so you start the year off knowing that you’ve done what you could to protect your family if something happens to you. When you are doing this, make sure that you think carefully about what you are planning.
You need to set up a plan for what is going to happen to minor children if you have any. You can set up a guardianship and trusts to help care for them. You also need to ensure that you are getting things in order to pass out your assets to the people you want to have them.
We know that you might not be sure of what you need to do. We are here to help you learn about New Jersey laws and how they apply to your case. We want you to rest assured that you’ve done everything you can to make your loved one’s transition to life without you as easy as possible.
Sometimes, people want to go beyond helping their loved ones. They might set up charitable trusts to accomplish this goal. We can help you find out the options for giving money to your favorite charity or to any other designee you need.
You also need to think about other components of your estate plan, including the living will and powers of attorney. These go into effect before you pass away but can help you ensure they know your wishes. It can also make it easier for them to make decisions.