New Jersey Estate Planning
Regardless of your net worth, you've worked hard for what you have. If you die without a will, your property will be distributed according to the law (called "intestacy laws"). This might not be the way you want your estate divided. In some instances, everything you own could go to the state (though this is uncommon).
Further, without a will the person designated to distribute your assets (called an Administrator), might not be the person you would choose.
The best way to ensure that your assets are distributed in the manner you want is by making a will. Having a will is also the best way to prevent your heirs from fighting over your assets.
Another part of a basic estate plan is a living will or health-care power of attorney. These documents can help control what medical treatment you do (or don't) receive in the event you become incapable of making those decisions for yourself.
You might also want to consider giving general, durable power of attorney to a trusted friend or family member so someone can handle your affairs if you become disabled or otherwise unable to manage for yourself.
Call for a free consultation to discuss your estate plan.