${site.data.firmName}${SEMFirmNameAlt}
Call To Schedule An Appointment
Cherry Hill856-673-0048
Linwood609-398-3447

Create the estate plan that cares for your loved ones

Estate planning is something that many adults don't want to have to think about very often. Unfortunately, there are many things that you might miss if you are trying to rush through the process. It is imperative that you take the time to think carefully about every component of the plan so that you can ensure it is what you want for your assets.

Throughout the process of coming up with the plan, you need to ensure that you fully understand what is going on. Each component must be considered individually. This is the only way that you can make sure that it accurately addresses your wishes.

When you first start creating the plan for your estate, you should discuss those wishes with the person assisting you. By getting the full plan out, you can ensure that everything in your plan is working together to meet those.

You have to think about more than just your will in this process. Some assets, including annuities, bank accounts and life insurance, all have beneficiary designations. These aren't covered in the will, so you must ensure that you keep the designations up to date. Not having the intended designations can spell trouble if you pass away without updating them.

Another thing that you must check during this time is ownership. Some assets might need to be titled in a trust's name if you have established this estate planning component. Sometimes, you don't have to do this because it will be transferred over when you pass away.

Ultimately, you need to do what is best for your loved ones. Your estate plan is a way you can care for them after you pass away.

No Comments

Leave a comment
Comment Information
Law Offices of Nancy M. Rice
Representing clients in Ocean City and communities throughout New Jersey.

LOCATIONS

Law Offices of Nancy M. Rice
1236 Brace Road, Suite F
CHERRY HILL, NJ 08034

Phone: 856-673-0048
Fax: 856-673-0052
Map & Directions

Law Offices of Nancy M. Rice
Linwood Professional Plaza
2021 New Road, Unit #9
Linwood, NJ 08221

Phone: 609-398-3447
Fax: 856-673-0052
Map & Directions

Cherry Hill Office

Contact the firm

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy