An Estate Law Firm in New Jersey Can Help
A legal estate plan from an estate law firm can help you determine who will receive your property when you pass away. However, that is just the tip of the iceberg when it comes to the assistance these firms provide. Here we will go over some ways a law firm can help your situation. Then, you can start the consultation process.
How an estate law firm in New Jersey helps clients
Estate planning attorneys help clients understand complex New Jersey laws. Also, attorneys help reduce the risk of disputes while helping clients plan for long-term expenses. Lawyers can even use estate planning tools to protect minor and special needs children. Here are some leading ways a lawyer assists clients:
Understand confusing estate planning laws
Some people try do-it-yourself estate planning. Unfortunately, they often make mistakes because these do-it-yourself forms do not always comply with the specific laws of their state. A New Jersey estate law firm can provide guidance regarding the specific laws of that state. This guidance may include who to name as executor and who can serve as a power of attorney. By consulting with an attorney, people can create legally binding plans.
Reduce the risk of disputes with a legal estate plan
Many New Jersey residents are terrified of disputes tearing families apart. Sadly, that can happen without an estate plan in place. Families often end up in court, battling it out for the assets. Fortunately, an estate planning law firm can help people avoid family disputes.
The attorney will create a legal estate plan designed to hold up in court. Thus, even if there are family disputes, the estate plan should be followed in the letter. Additionally, having such a plan in place reduces the risk of disputes. People are less likely to challenge a plan that is well-thought-out and complies with the laws.
Handle long-term expenses with an estate plan
An estate law firm helps families plan for long-term expenses. For instance, when people grow older, they often need long-term care. However, most people do not have the money to pay for it. That is where an estate planning attorney can help. The lawyer can set up trusts and other planning vehicles to handle long-term care and other expenses.
Protect children with an estate plan
Estate planning attorneys help New Jersey residents protect their children. The estate plan can include information about who will serve as the guardian and oversee finances for minor children. In addition, the attorney can set up a special needs trust if necessary. Estate planning attorneys know how to look at the whole picture and provide guidance for each aspect of the estate.
Consult with a New Jersey estate law firm
These are just some ways an estate planning lawyer can help. You can learn more by scheduling a consultation. The lawyer can review your estate and recommended options. Then, you can take the next step and begin building your legal estate plan.
Call us at (732) 449-0449 for more information from Anthony J. Cafaro, P.C. or to schedule a consultation in our office in Sea Girt.
NOTE: This is for informational purposes only and does not constitute legal advice.
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