Thomas N. Torzewski, LLC Morris County Estate Planning And Litigation Lawyers
Schedule A Consultation
Menu Contact
Personal Attention And A Professional Approach Uniquely qualified to handle both estate planning and litigation, as well as business law and family law matters.

Have young kids at home? Get your estate planning done

Many New Jersey residents think that, when it comes to their estates, they do not need to put plans in place until they are older. Estate planning is not just for the older population, however. In fact, for individuals with young children at home, they are doing their families a disservice by not being prepared for the inevitable.

Everyone dies. Some people become incapacitated well before that happens. If either of these things occurs when a person has young children still living at home, who will take care of the kids? Who will manage assets until children are old enough to make financial decisions for themselves?

Parents who fail to put together estate plans risk having a court decide who will be the guardians of their children and who will be in control of their assets. Most parents would rather make these decisions for themselves so that they know that, if anything happened to them, their children and property would be in good hands. The only way to make sure one's children end up with the right person is to set up a legal guardianship that will not take effect until it is needed. As far as property goes, there are a number of ways to ensure it is used to benefit one's children and makes it into the children's hands when they are old enough.

New Jersey residents who are not sure where to start when it comes to estate planning can seek assistance with putting a plan together. With the right assistance, one can be sure that all the necessary protections are in place in the event of one's incapacitation or death. Further assistance can be offered when adjustments to estate plans are needed -- which may be every few years.

No Comments

Leave a comment
Comment Information

Contact The Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Thomas N. Torzewski, LLC

Torzewski & McInerney, LLC
60 Washington St
Suite 104
Morristown, NJ 07960

Phone: 973-532-2868
Fax: 973-359-0077
Morristown Office Location