Wills and Estate Planning NJ
At Borenstein, McConnell & Calpin, we understand every aspect of the law when it comes to developing an estate planning in New Jersey. We have worked with countless clients and developed comprehensive plans that will provide peace of mind of knowing that if tragedy should strike, their family is taken care of.
What Is Estate Planning in NJ and Why Do You Need it?
An estate plan is a set of legal documents that name certain people who name people who will oversee administering your estate when you pass away and also name the beneficiaries of that estate. Estate planning documents can also name people who can make medical and financial decisions on your behalf if you’re unable to do so.
No matter your annual income, net worth or age, estate planning is necessary for several different reasons. Estate planning documents are essential when it comes to protecting your family and resolving any legal complications that may arise after you pass away. For example, without a Last Will & Testament in place, your family is put in a position where they will have to go through a time-consuming process which is closely overseen by the probate court. This is something that is not only costly but can also cause unnecessary stress.
Here are some additional benefits of hiring an estate planning attorney:
- You can plan for potential medical incapacitation
- You can ensure that your assets will transfer to the proper beneficiaries
- You can establish the executor and trustees of your estate
- You can provide for anyone in your immediate family who requires financial assistance
- You can put a plan in place that protects any business entities that you control
What are the Specific Documents You Can Create for Me?
We have various options at our disposal to implement your Will and Estate Planning goals. Specifically, we can create:
- Last Wills and Testaments
- Durable Financial Powers of Attorney
- Advance Medical Directives
- Revocable and/or Irrevocable Trusts
- Insurance Trusts
- Charitable Remainder Trusts
- Minor’s Trusts – Spendthrift Trusts
- By-Pass or Credit Shelter Trusts
- Marital Trusts (QTIP)
- Grantor Retained Annuity Trusts or Grantor Retained Uni-Trusts
- Qualified Personal Residence Trusts
- Planning for Disabled Children
- Life and Long-term Care Insurance
- Gifting Strategies
- Business Succession Planning
- Family Limited Partnerships
- Pre-Nuptial Agreements
What Estate Planning Services Are Available?
Without a plan in place, who is going to settle your estate and how are you going to protect your family? How else are you going to distribute your assets to the beneficiaries of your choosing? Why leave it up to the New Jersey court system to handle everything? Estate planning services are a lot more comprehensive than you think, which is why you should consider all of your options.
When you partner with our estate planning attorneys, you can immediately begin planning your estate and answer these important questions. You have an opportunity to prepare your family for the future and eliminate any legal roadblocks that can potentially jeopardize the inheritance that your heirs receive.
Schedule an Appointment and Create for Estate Planning in NJ or NY
Our estate planning attorneys provide reliable legal services and resources for families throughout New Jersey and New York who are planning for both the present and the future. We are continuously elevating our level of professionalism and experience, which will ultimately allow you to navigate the legal process with greater ease and simplicity. Our job is to help you preserve your assets, protect your family, and prepare for the unexpected.
Are you ready to schedule an appointment with one of our legal experts? Call us today and we can begin the process of estate planning in NJ or NY. We can immediately get you heading in the right direction!
Getting in touch
Borenstein, McConnell & Calpin, P.C. is a Business & Estate Planning law firm serving Central and Northern New Jersey, as well as New York City. We strive not only to give you a great client experience, but to become your trusted adviser for life. To reach Erin, please send an email to firstname.lastname@example.org.
155 Morris Avenue, Suite 201
Springfield, NJ 07081
3 Werner Way, Suite 230
Lebanon, NJ 08833
4607 Fort Hamilton Parkway
Brooklyn, NY 11219