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Estate Planning Archives

Think about the goals of your estate plan to get things moving

Planning your estate must be taken seriously, but this is one reason why some people might put off the planning process. It is very easy to think that you have plenty of time left to get a will and other components of the estate plan hashed out. This may not be the case, since "life is what happens when we are busy making other plans," as a famous song counsels. We can help to make the estate planning process as easy as possible on you.

Understand what you need to include in an estate plan

A lot of people wish they could live forever; however, this isn't something that is going to happen. Since you know that death will occur at some point, now is the time to get things together so that your loved ones know what to do with your assets when you aren't here to use them any longer.

Personalize your estate plan to suit your situation

Your estate plan is a personalized account of what you want to happen when you die, as well as what needs to happen if you can't make decisions. You have to think about a variety of issues when you are making your estate plan so that you can determine what to include in this plan.

Your estate plan covers more than what you might realize

If you are an adult, you need an estate plan. There really isn't any situation that would get you out of this need unless you are truly broke and have no possessions and if you don't care what happens to you if you can't make decisions for yourself. If you have children, you need an estate plan. If you have any valuables, you need an estate plan. If you have any thoughts about what you want to happen with your medical care or your finances if you can't make decisions for yourself, you need an estate plan.

Estate planning is very important if you have children

As a parent, you want your children to have a good life that is filled with stability and opportunity. You are probably doing your best to ensure that this happens. But, have you taken the time to think about what will happen to your children if something happens to you and your child's other parent? This is a scary question for many parents.

Living wills can do a lot for you in your final days

We recently discussed some of the specific things you should consider if you are going to become an organ donor. Just like with most other end-of-life decisions, you should discuss this one with your family members. We can help you to learn about what plans to make for your estate plan, as well as what your options are to ensure that your wishes are clearly conveyed.

National Donate Life Month: Considering organ donation

During estate planning, you often concentrate on external assets such as cash, real estate or family heirlooms. In the past, we've talked about the importance of considering everything you leave behind, which might include creative or intellectual assets. One other thing you have to give is yourself -- specifically, your body. April is National Donate Life Month, which is a great time to consider whether you might want to be an organ donor or not.

Law Offices of Nancy M. Rice
Representing clients in Ocean City and communities throughout New Jersey.

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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
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

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