Planning what’s going to happen with our estate in the event of death is not something most like to concentrate on as part of a daily living experience. However, some things are inevitable, and it makes perfect sense to leave behind a declaration of our wishes. Many refer to a Last Will and Testament in simpler terms as a will. However, truth be told, the word testament means that the document was executed with conviction.
One of the helpful things you can do for your heirs is to make sure your estate transfers quickly and smoothly to those who deserve it. Candidly, you need to plan that is done according to your wishes and desires. When you die without a will or other estate document, you are said to die intestate. Consequently, your estate will be divided according to the law rather than your envisioned distribution.
At the Ocean County Law Offices of DiFrancia & Price P.C., we provide our clients with estate planning advice that includes will drafting and other estate planning tools. Our goal is to make sure you are comfortable with your decisions and that you have named your intended beneficiaries.
Last Will and Testament: Why is It Important in New Jersey?
Let’s face it. Procrastination knows no boundaries. No doubt you can surmise the most common excuses for postponing or avoiding seeking legal counsel regarding a last will and testament. Perhaps it is something you feel that only the rich, sick, or old need to consider.