Common Reasons to Speak to a New Jersey Wills Attorney
Some people may not think a wills attorney is someone they will need anytime soon. However, making a will is not just something for older people and those with wealth. A will is an important tool for protecting your family financially after you die. However, this is something you should take seriously and do with professional help. The good news is that with the help of an attorney, you can successfully finalize this important process.
An overview of wills
A will is a legal document that specifies where a person’s assets will go at the time of death. A will directs where items will go, to whom they will go, and when these transactions will occur. Assets in a will can include bank accounts, retirement accounts, investments, valuable possessions, and property. In a will, a person can appoint guardians for minor children as well.
A will has some key individuals. An executor is the person who carries out what the will outlines. The beneficiaries are those who inherit the assets of the will. If a person does not create a will, any assets in the estate at the time of the person’s death will go to probate court. This court decides how to distribute them.
Ensure the legality of the will
When a person makes a will, that individual needs the peace of mind that it will stand up in court. There are specific guidelines and rules that wills must follow. A qualified attorney in New Jersey will ensure that a will adheres to these rules and is a legally binding document. People should only make a will with the guidance of an attorney.
Make sure the will addresses everything
Because a will can include many assets and other components, it is common to forget some items. For example, a person will want to include guardians for children and an executor. In addition, there are other assets to put in a will that an individual may overlook or not realize can be part of this document. A wills attorney has the knowledge and experience to carefully review the will and ensure it is complete.
Wade through challenging family matters
When a person involves other family members in financial matters, things can get complicated. This is especially true when a person has children from a previous marriage, or other family dynamics are at play. A good wills attorney knows how to draft the necessary documents and complete the correct arrangements. With the help of an attorney, a person can avoid family conflicts.
Have peace of mind when you hire a New Jersey wills attorney
Do not trust your finances and your family’s well-being to just anyone. When it comes to setting up a will to protect your assets after you die, an attorney is a good resource. Contact a law office focusing on wills to help you create a legal document specifying how, where, and when to pass on your assets.
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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