Creating an estate plan is one of the smartest decisions you can make. Anything can happen in life, which is why it is so critical that you have a plan in place for all of it. Creating an estate plan may seem like a daunting task, however, with the assistance of an experienced New Jersey estate planning attorney at your side, it does not have to be. Below, our firm has created a short list of some of the most common questions we are asked both before and during our initial consultations with our clients so you can come into the process with an idea of what lies ahead. Please continue reading and contact us to learn more about the first steps of estate planning.
Do I Need an Attorney to Create an Estate Plan?
This is the most common question we are asked. The short answer is no, you do not need an attorney. However, the real answer is that yes, you do need an attorney, because by drafting an estate plan on your own, you open yourself up to a wide array of potential legal pitfalls in the future, thereby causing you and your family to ultimately lose out on your hard-earned assets. This is your future we’re talking about–do you really want to risk making a mistake?
Should I Bring My Spouse to The Meeting?
You do not have to, but if he or she wants to come, they should. You and your spouse can craft your estate plan together to help ensure that assets are distributed to the people you wish, and also in the way that you wish them to be distributed. As long as you and your spouse have similar goals in mind when it comes to the distribution of your assets, it absolutely cannot hurt for both of you to attend the meeting.
What Should I Bring to My Initial Consultation with An Estate Planning Attorney?
You do not have to bring loads of paperwork to your initial consultation with our firm. However, you should consider various things before stepping foot in our office so that when we ask you questions, you have an answer. For example, you should consider who you want to inherit your assets, what types of property you own, who you want to be your executor, or the person who oversees the distribution of your assets, and if you have minor children, who you would want to raise them should something happen to you and your spouse. If you have any additional questions about your meeting, please do not hesitate to give us a call today. We are here to help you through every step of the estate planning process ahead.
Contact Our Experienced New Jersey Firm
Juan C. Velasco, Esq. is a trusted attorney who concentrates on bankruptcy, family law, real estate, and estate matters who has been serving the New Jersey area for over 25 years. That is why we are confident we have what it takes to provide you with the effective legal counsel you need. If you need experienced legal counsel, please contact Velasco Law Office and we will be happy to assist you.