Why Everyone Needs An Estate Plan in New Jersey
An estate plan does more than determine who should get your property when you die. It can also help you plan for contingencies. Would you want your children to receive their entire inheritance at age 18 if you die while they are young? Are there items you want to go to specific people?
An estate plan can make your wishes clear. It can also save your family the financial and emotional costs of a court proceeding if your family members don’t agree what you would have wanted.
With offices in Neptune City and Toms River, Oliver & Legg has helped hundreds throughout New Jersey create estate plans to protect their beneficiaries and ensure their wishes are carried out. Our attorneys will work with you to craft the documents you need. Call 732-988-1500 for a free initial consultation.
Why You Need A Will
A last will and testament do three basic things:
- Names a personal representative to handle the administration of your estate
- Determines who should receive your property and when they should receive it
- Names a guardian for your minor children if both you and your spouse die
Without a will, unintended things can happen. For example, a child may receive his or her entire inheritance before he or she has the maturity to handle the money wisely. The court may appoint a personal administrator you would not have trusted for such an important responsibility.
A last will and testament are the foundation of your estate plan, but you also need documents such as a power of attorney and living will to plan for contingencies.
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For More Information About Wills and Estate Planning
No one should go without a basic estate plan in New Jersey. For a free initial consultation, call toll free: 732-988-1500 or fill out our contact form. We have offices in Toms River and Neptune City. Hablamos español.