When New Jersey residents take the time to go through the estate planning process, the hope is that their assets will be distributed to their named beneficiaries in the manner stated in their wills. One small thing can mess up those plans, however -- typos. A typo in a will can lead to estate litigation, which can end up costing beneficiaries in the end. There is an ongoing case in another state that is the perfect example of this.
Smart residents of New Jersey understand the importance of having a comprehensive estate plan. After all, you work hard for the things you have in life. If you do not draft a will, you may have little control over what happens to your assets after you die. On the other hand, if you have a deceased loved one, relying on a well-drafted will to carry out his or her last wishes is important.
According to a recent report, more than half of American adults have failed to take the steps necessary to protect themselves, their loved ones and their assets, if they were to become incapacitated or pass away. Not taking the time to do estate planning will only create problems down the line. It is something that every New Jersey resident should do, especially if they have children and/or property.
Do you have a friend or family member who was assigned a guardian to manage his or her care and finances? Do you have concerns about some of the actions and decisions that the guardian is making on behalf of your loved one? If you do, you can raise those concerns in a New Jersey court and seek to have the guardian removed from his or her role. Cases involving contested guardianships can be difficult to manage, but with the right assistance, you can do everything in your power to make sure your loved one is properly taken care of.
Many New Jersey residents have pets in their households. To these animal lovers, their pets are truly members of the family. Unfortunately, these are family members who are often forgotten about when going through the estate planning process.