People often wonder whether the time and expense required to have a Will drafted is worth the effort when they do not have a complicated estate. If you find yourself asking similar questions, the simple answer is yes.
Often people will avoid creating a will because all of their assets are held jointly with their spouse and they believe that when one dies the estate will pass to the other. This may be true in most instances but what if they should die simultaneously, in a common disaster or within hours of one another, the results may change.
Probate is the legal process by which a person's debts are paid and assets are distributed upon her or his death in accordance. Estate Administration includes the probate process as well as non-probate transfers of the deceased's assets.
For a nominal fee and a few hours of your time you can make certain your loved ones will not be further burdened after your death by your poor decision making. Our office has prepared hundreds of wills for our clients and would be delighted to meet with you on the subject.
Please feel free to contact our office at 1-973-478-1026 to schedule a consultation, at which time we can evaluate your situation and advise you of the benefits of various options tailored to your specific needs.