Many people have a natural urge to put off any type of estate planning. This is understandable. Setting up a proper estate plan is both complex and confusing. On top of that, thinking about it can make people feel uncomfortable. Putting off estate planning is also a huge mistake. For most people, a last will and testament, a living will, and a power of attorney (POA) are among the most important legal documents that they have.
At the Law Office of Jordan B. Rickards, our dedicated New Jersey attorney has extensive experience preparing wills, handling probate issues, and setting up powers of attorney. If you have any questions or concerns about your will or your power of attorney, you should take action today. Do not put this issue off until tomorrow! Contact our law firm for immediate legal assistance.
It is impractical for the general public to understand the various nuances, legalese, and regulations that govern these instruments. So, you should always seek professional legal guidance when creating your will and setting up your power of attorney. This is because even minor errors or omissions can have a widespread effect on the outcomes that these documents produce.
HOW OUR NEW JERSEY WILLS ATTORNEY CAN HELP YOU
A will allows you to maintain control over your own estate. You can control what happens to your assets, your minor children, your late-stage health care decisions, and even care for your pets in the event of your death. Everyone should have a will. In the event that you pass away or become incapacitated without a will, New Jersey law dictates what happens. The law is complex and difficult to apply to real-world situations. Without a will, there is a major risk that a protracted dispute will arise over your estate, and your true last wishes are unlikely to come to fruition. This is why it is so important that all New Jersey residents set up a last will and testament and a living will.
Indeed, you should always prepare for the worst. Our New Jersey will and probate law attorney, Mr. Rickards, can help you do the following things:
- Direct exactly what will happen to all of your assets and property
- Enable you to leave money and property behind to support your chosen charitable causes
- Name a trusted guardian for your minor children
- Create an arrangement that will provide care for your pets
- Establish an enforceable living will that governs any future healthcare decisions should you not be able to make such decisions on your own
WHAT YOU NEED TO KNOW ABOUT PROBATE IN NEW JERSEY
Through your valid last will and testament, you can determine what will happen to your assets and property after you have passed. Under New Jersey law, probate is the identification process of a person’s property. It also deciphers last wishes, confirms the validity of the will, and ensures proper distribution of assets. In some cases, probate is a relatively smooth process. However, this is not always how things work. Probate can be extremely complicated, and unfortunately, things can sometimes go wrong. During probate, disputes can arise in a number of different ways, including:
- Someone challenging the validity of a will
- Mismanagement allegations
- Allegations of mishandling of a person’s estate
- Disputes over guardianship
- Many other complex disputes over property
If you are going through probate contact an experienced New Jersey probate lawyer as soon as possible. Jordan Rickards will ensure proper handling of your probate case. He will review the specific facts of your case and determine exactly what needs to happen to get you the best possible results.
WHAT IS A POWER OF ATTORNEY (POA)?
In the broadest terms, a power of attorney is a written authorization that allows one person to act on behalf of another in their private affairs. In practice, this means several different things. First and foremost, you can set up a durable power of attorney. When you do this, it means that you will be giving financial and legal power regarding your affairs to another person. This power of attorney will become active if you become incapacitated. Additionally, you can also set up a healthcare power of attorney. By doing this, you will give power to another person to make medical decisions on your behalf, should you not be able to make those decisions on your own. Even if you have a living will to control your own healthcare decisions, it is generally advisable to also grant a trusted party your healthcare power of attorney to handle issues that are inherently unforeseeable.
HOW TO SET UP POWER OF ATTORNEY IN NEW JERSEY
To appoint another person as your power of attorney in New Jersey, you must complete and submit the state’s official Power of Attorney form. This is a complex document, and it will be beneficial for you to have a qualified New Jersey lawyer handle its completion. Your lawyer will be able to ensure that you set up your power of attorney in the appropriate manner, so that your power of attorney is valid, and your elected representative can utilize it if doing so becomes necessary. Your power of attorney best protects your legal rights and financial interests.
CONTACT OUR NEW JERSEY ESTATE PLANNING LAWYER TODAY
At The Law Office Of Jordan B. Rickards, our skilled New Jersey estate planning attorney has extensive experience handling complex estate planning issues. Whether you need to draft a will, set up a revocable living trust, establish a power of attorney, or need assistance with probate, our legal team is here to help.
To get immediate assistance with your estate planning needs, please contact the Law Office of Jordan B. Rickards today by calling 732-783-5446. From our office in the heart of Milltown, we represent clients all around Central New Jersey, including in Bridgewater, Princeton, Freehold Township, Edison, Middletown, and New Brunswick, and beyond.