Trenton Wills & Estates Lawyers
Experienced Wills & Estates Attorneys serve Clients in Mercer County and Throughout New Jersey
Wills, trusts, and estates are important for organizing your life and values, preserving your assets, distributing your property, and, perhaps most importantly, looking after your family. The process of drafting a will, creating a trust, or planning an estate can be confusing to some, but it does not have to be difficult. It is important to have the right legal representation to guide you through this process and help you along the way.
Every person is different and has various needs and interests that go into consideration when drafting a will, creating a trust, or planning an estate. If you are interested in drafting a will, creating a trust, or planning your estate, and live in Mercer County, Burlington County, Somerset County, Middlesex County, or anywhere else in New Jersey, the legal team at Kalavruzos, Mumola, Hartman, Lento & Duff, LLC is skilled and experienced and ready to help. Contact our qualified Trenton Wills & Estates Lawyers today to discuss the specifics of your case.
A will is a legal document that sets forth your intentions regarding the distribution of your property after your death, who will be in charge of your property until it is distributed, and the care of any minor children. It is irrelevant how old or wealthy you are, a will is an important and necessary legal document that can help your business and property continue smoothly, ensure that your family is taken care of, and help prevent disputes that may arise among loved one concerning assets or property after your death.
Upon drafting and signing a will, you make significant decisions regarding who is to administer your estate and be a guardian to your children. Without one, these decisions are left up to the court. Your estate will be administered whether there is a will or not. However, it is important to take the time to carefully write down your intentions regarding your property and family. Meanwhile, a will helps to decrease the costs related to administration, taxes, and other expenses surrounding your assets.
Furthermore, a will can be modified or changed at any time before your death as long as you are competent. It is important to consider reviewing potential changes to your will whenever there is a change in your family structure, a change in the law, or a change in your finances. The attorneys at Kalavruzos, Mumola, Hartman, Lento & Duff, LLC are here to help you draft and execute your will and carry out your wishes regarding your family and property. Contact us today.
There is often a fair amount of uncertainty and confusion surrounding trusts…how they work, if they are necessary, what should or should not be included in a trust. There are several reasons to create a trust:
- Provide financial support to a loved one
- Make a contribution to a favorite charity or non-profit organization
- Concern about a beneficiary who cannot responsibly manage and spend money
- Protection for a beneficiary from creditors, who cannot reach trust assets or force payment of debts and liabilities from the trust
- Professional financial management over investments where a spouse or family have little experience or knowledge regarding investing
- Reduction of federal and New Jersey taxes.
Essentially, you can create a trust in New Jersey for anything you want to accomplish, so long as it does break New Jersey law or public policy. A trust is a confidential and protective agreement where your assets are transferred to a trustee for the benefit of someone else. The person who makes the trust executes a written document and transfers property to a person called a trustee. Every trust has a trustee, who oversees the distribution of assets or and is responsible for administering the trust to its beneficiaries.
Issues surrounding trust creation are common, and having the right attorney can make all the difference. If you need legal advice about a trust and how to use it in organizing your property or protecting your family, the Kalavruzos, Mumola, Hartman, Lento & Duff, LLC attorneys are experienced and trustworthy in all such areas. Contact our team today.
Estate Planning is the preparation, preservation and administration of an individual’s property or assets in the event of their death or incapacitation. Estate planning also includes the distributions of assets to family and the settlement of estate taxes. Most estate plans are established with the assistance of an estate planning lawyer experienced in such matters.
Your estate consists of all of the property you own, including the following:
- Your home and any other real estate you may own
- Tangible personal property, including cars, furniture, jewelry, etc.
- Intangible personal property, including bank accounts, savings and retirement accounts, insurance, investment (e.g., stocks and bonds) and pension and social security benefits.
Contact our Experienced Wills & Estates Lawyers to Discuss Options Today
If you are interested in drafting a will, creating a trust, or planning your estate, you need an experienced Wills & Estates attorney. We serve Mercer County, Burlington County, Somerset County, Middlesex County, and the rest of New Jersey. Act quickly to allow yourself enough time to look at options for planning the state. Contact Kalavruzos, Mumola, Hartman, Lento & Duff, LLC today.
Frequently Asked Questions about Wills & Estates in New Jersey
We do. The Kalavruzos, Mumola, Hartman, Lento & Duff, LLC legal team has experience in all areas of Wills & Estates. In order to receive the full benefits permitted by law, it is important to have a Wills & Estates attorney with expertise and experience guiding you to your goals. If you are interested in drafting a will, creating a trust, or planning an estate, and live in Mercer County, Burlington County, Somerset County, Middlesex County, and throughout New Jersey, contact us today.
While drafting a will, creating a trust, or planning an estate may seem like something to worry about in the future, it is important to start thinking about these matters early and to have the right attorney with experience and knowledge to help you understand how you would like your assets to be preserved. These matters are your roadmap for how you want your property allocated and your assets distributed. Likewise, you may have children or relatives in mind, and using an experienced estate planning attorney can help you ensure that your family is well taken care of. The Kalavruzos, Mumola, Hartman, Lento & Duff, LLC legal team has the expertise and resources to represent you in all of these matters. If you have any questions regarding Wills, Trusts, and/or Estate Planning, our attorneys are here to help. Contact us today.