People often wonder whether the time and expense required to have a Will drafted is worth the effort when they do not have a complicated estate. If you find yourself asking similar questions, the simple answer is yes.
Now is the perfect time to consider what will happen to your family if you pass away or become incapacitated and unable to manage your affairs. By making decisions today, you can ease the future lives of your loved ones, safeguarding assets from creditors or divorces and ensuring financial security after your passing. For any legal questions or concerns, reach out to an experienced and successful wills and trusts attorney in Garfield, New Jersey.
Often people will avoid creating a will because all of their assets are held jointly with their spouse and they believe that when one dies the estate will pass to the other. This may be true in most instances but what if they should die simultaneously, in a common disaster or within hours of one another, the results may change.
Probate is the legal process by which a person’s debts are paid and assets are distributed upon her or his death in accordance. Estate Administration includes the probate process as well as non-probate transfers of the deceased’s assets.
For a nominal fee and a few hours of your time you can make certain your loved ones will not be further burdened after your death by your poor decision making. Our office has prepared hundreds of wills for our clients and would be delighted to meet with you on the subject.
What is a Will?
A will provides your final instructions to the court regarding the management of your property and affairs. It is important to note that a will’s provisions apply only to assets and issues within the probate court’s authority. For your will to be valid, it must be in writing, signed by you, and witnessed by two individuals who must also witness each other’s signatures. Failure to adhere to New Jersey’s legal requirements will invalidate your will.
What is a Trust?
A revocable living trust is a legal instrument designed to manage your property during your lifetime and outline its distribution after your death. This trust is established through a written agreement appointing a ‘trustee’ to manage the property, with detailed instructions for its administration and eventual distribution.
Wills, trusts, and estates law covers both the planning for future asset management and the challenges that arise when there is no such planning. It involves strategizing for the handling of an individual or couple’s assets and resolving issues when no plans are in place. You might need a wills and trusts attorney for two main reasons:
The attorneys at Sammarro & Zalarick specialize in wills and trusts, committed to efficiently and carefully meeting our clients’ legal needs. Our trust litigation lawyers take the time to fully understand your unique situation, ensuring a smooth process for creating a will or trust. At Sammarro & Zalarick, our New Jersey attorneys serve individuals, couples, families, and business owners in these areas:
Estate planning is important for everyone, no matter their financial status. In the absence of a will or trust, state probate laws will govern the management of an individual’s estate, which may not reflect their personal desires. Estate planning provides many benefits. By collaborating with a New Jersey trusts and estates attorney at Sammarro & Zalarick, you can ensure that you will be able to:
The New Jersey wills and trusts attorneys at Sammarro & Zalarick are dedicated to delivering exceptional legal services with a personalized touch. We take pride in our experienced attorneys’ accessibility and the careful, considerate manner in which we resolve our clients’ concerns. Whether you’re questioning the validity of a will or trust, the behavior of an executor or trustee, estate distribution, inheritance laws, or need help drafting your own will or trust, our knowledgeable team is here to assist you. Contact us at our Garfield office or call us (973) 478-1026 for a free no obligation consultation.