Estate Planning Lawyer Bergen County, NJ
If you are starting the process of thinking about what happens after your death then an estate planning lawyer in Bergen County, NJ. It may come as a shock to many people that they have an estate. Most people think an estate is a house but in reality, the estate is everything you own which includes all property. Vehicles, jewelry, stocks, money, and even pets.
Your estate plan is going to cover what happens upon your death. It isn’t an easy task to go through, but it is an important one to do. Here at the Kaplan Law Practice, it is our job to help you with your estate plan. Just how?
What Can an Estate Planning Lawyer Do For You?
There are many things an estate planning lawyer can help you do. Not only are they going ot help you avoid the long and costly probate process they can help you with the following:
Creating a Will and Identifying the Beneficiaries
You can find a will template online but it most likely won’t fit your needs. Rarely do people’s lives fit into a standard template. While it is a good place to start, it most likely won’t be everything you need. While you can also start a handwritten will, there are very specific rules for getting that right and you most likely will need a lawyer.
Having an estate planning lawyer can help you make sure that you have everything you need in order to help your family sort everything out after your passing in the way that you wanted it to happen.
Have Thorough Knowledge of the State and Federal Laws
The laws are constantly changing are being updated. The chances are if you are planning your own estate you might miss a new law that could negatively impact your estate plan. A good estate planning lawyer is going to be able to keep you up to date on everything and know how to change your plan while keeping what you want.
After you make your plan, laws are bound to change as well. A good lawyer is going to contact you if a change hurts your plan, and help you find a way to fix it. An estate plan isn’t a one-and-done kind of thing, and a lawyer knows that.
Ensure Your Wishes are Carried Out
Finding someone you trust to carry out your will can be difficult. An estate planning lawyer in Bergen County, NJ will be able to help you find the right person for the job. Not everyone is able to become a trust for your estate plan, and it is a lawyer’s job to help you find the right fit. This is an important role and if the person you pick doesn’t feel they can do it, then your lawyer will help you find someone who can.
If you are searching for an estate planning lawyer in Bergen County, New Jersey then contact the team at the Kaplan Law Practice today to learn more.
3 Common Myths About Estate Planning
There are a lot of misconceptions about estate planning. The word estate makes many people think of a mansion on many acres of land, but in the case of estate planning, the word estate only refers to the things that you own. Since almost everyone owns something, it is wise to consider doing estate planning. Unless you are a legal expert, you probably have questions on the best way to go about this process. Discussing your situation with an estate planning lawyer Bergen County, NJ residents trust can make sure your affairs are taken care of. Call Kaplan Law Practice, LLC today to set up a free and confidential consultation. We will always be realistic, honest, and transparent about your situation so that you can make the best decision for you and your loved ones.
I am married so my spouse will just get everything.
While it makes sense that your significant other would be the beneficiary of your assets, this isn’t always the case. If you don’t have a legal document such as an estate plan, also called a will, another person such as an extended family member or business partner, could contest your spouse’s rights to your assets. Then the decision will be left up to a court of law. You can avoid all of this hassle by writing down your wishes in a will. This way, even if someone does take your spouse to court, it is a lot less likely that they will win.
I am young and don’t need to worry about this right now.
The unexpected happens in life and it is good to be prepared. While we all hope we don’t die young, if we do, we want to make sure our loved ones aren’t left with a mess to deal with. Having an estate plan can make settling your affairs much simpler. Likewise, you can make medical decisions ahead of time so your loved ones don’t have to guess what you would want. In the event that you are left in an incapacitated state you can leave medical directives that tell medical professionals what you want. This takes the decision making out of your loved ones hands, who might not be able to make a rational decision on your behalf, and will save them the guilt of feeling like they made a choice you didn’t want. A Bergen County, NJ estate planning lawyer from a firm like Kaplan Law Practice, LLC can answer your questions about what medical directives might be right for you.
I don’t have that much money so I don’t need to do estate planning.
Even if you only have a few valuables, it is worth exploring whether estate planning can benefit your situation. You can divide up the valuables you own, even if they are just items you know are sentimental to a family member or friend. Making these decisions ahead of time can eliminate fighting that may have taken place otherwise.
Contact a Bergen County, NJ estate planning lawyer at Kaplan Law Practice, LLC as soon as possible to learn how we can help develop the perfect estate plan for you.