South Jersey estate planning law firm has experience in drafting wills, revocable living trusts, powers of attorney, and health-care proxies and creating programs to achieve lifetime giving and philanthropic They can help you minimize the impact of estate and gift taxes on asset transfers, design efficient and cost-effective asset disposition plans (during life or at death), and handle all aspects of estate and trust administration. In addition, the experts of the South Jersey law firm can advise you on guardianships and special needs circumstances.
Assisting You in Keeping Your Assets Safe for You and Your Heirs
South Jersey law firm works with their customers to develop the documents that will allow your family to make decisions for you if you become incapacitated, provide for you and your family, and distribute your assets according to your wishes if you become incapacitated. Every consultation includes a thorough assessment of your property.
South Jersey law firm uses a range of instruments to develop estate plans, including:
- Wills
- Attorneys-in-fact
- Health-care directives and living wills
- Asset-protection software
- Laws governing Medicaid and Medicare
Are you an estate executor or administrator?
South Jersey law firm lawyers can help you carry out your responsibilities as executor or administrator of the estate. They will review and analyze the will, advising you on who the beneficiaries are and what needs to be done. They’ll make plans to go to the court to be named administrator or supervisor of the estate, and they’ll help you gather and evaluate the estate’s assets. They will help you complete out tax documents or deal with your accountant, prepare correspondence and beneficiary releases, and, if necessary, secure judicial approval for your actions.
What will happen If You Do Not Have a Will?
You and your loved ones are put in tremendous danger if you postpone or avoid creating a Will or Estate Plan or if these important documents are made without adequate legal counsel. If you don’t have an Estate Plan, your loved ones may end up in court fighting a messy and expensive battle over assets that could have been easily transferred if you didn’t have one. Foster care placement for minor children is a possibility. Even your personal medical care wishes could be jeopardized.
Estate planning, which includes the use of Wills, Trusts, Powers of Attorney, and/or Healthcare Directives, allows you to secure your wishes as well as your legacy, ensuring the futures of your loved ones. These preparation tools ensure that your desires are carried out smoothly if you become incapacitated or something tragic occurs.