A Will is the most basic instrument a person can use to bequeath property to her or his heirs. While New Jersey state laws provide default rules for the disposition of an estate, it is often the case that those rules do not meet people’s requirements because they do not account for their individual circumstances. A properly drafted Will can become a useful tool, but, like any other part of your estate plan, it requires special attention to individual circumstances specific to you and your family, and continuous maintenance because circumstances do change.
You can trust the New Jersey attorneys at Willis Law Group LLC to steer you through the complexities of the inheritance laws, including intestate succession laws. We can assist you with drafting a Will and handle the probate process in court with your loved ones when the unfortunate time comes for the disposition of your assets. Even with a Will, the probate process may be stressful and burdensome for a grieving family, and having an experienced attorney by their side can alleviate the burden and provide peace of mind during the trying time of mourning.
Conservators and guardians are appointed in court to make decisions about health care or finances for adults who are incapacitated. A durable power of attorney lets you choose a trusted decision-maker for the future.
In the ever-evolving landscape of health care, one critical challenge has been ensuring that Medicare recipients receive the coverage they need without undue financial burdens.
A promissory note is normally given in return for a loan. Classifying transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility.
