Our estate planning attorneys take pride in their work. We are honored and pleased to help our friends and neighbors prepare for their future. An estate planning attorney can help you with major life-changing events, such as marriage or childbirth, as well as help you create a plan regarding how your assets will be distributed upon your passing. Our job is to give you peace of mind, knowing your assets are protected and here to benefit you and your family for years to come. Read on to learn more about all an estate planning attorney can do for you.
What Can an Estate Planning Attorney Help Me With?
Wills: Wills are perhaps the most important document in preserving and distributing your assets after you pass on. Your will can include executors, beneficiaries, establish trusts, and more. While there are several online will kits available, they are very often not worth pursuing, as you open yourself up to several potential legal pitfalls. It is always best to hire an experienced estate planning attorney when it comes to writing a will.
Trusts: Trusts are essentially a contract between the estate and a third party that is in charge of that trust’s administration. Trustees must learn about the best way to administer the estate and how to protect themselves from claims of breach of fiduciary. An estate planning attorney can tell you more about how.
Estate Administration: Those selected as a personal representative are in charge of taking care of all an estate’s affairs, ultimately closing the estate. This is a huge responsibility, which is why many people will seek professional guidance first.
Estate Litigation: If your family is currently in a dispute regarding a will, a trust, or the administration of the estate, you may consider hiring an attorney who is experienced with informing individuals on how to understand their obligations and therefore mitigate any inner conflicts.
Financial Planning: There are several facets of a smart, secure financial plan, which, if done properly, can benefit both you and your family for years to come. It is always best to have certain assets allocated so that you can use them when you need them most.
Guardianship: If you have a child under the age of 18, you undoubtedly want him or her to end up in the right hands, should something ever happen to you. An experienced and compassionate estate planning attorney can help you through the process of selecting the guardian best-fit to cater to your child’s needs.
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. If you need experienced legal counsel, please contact Velasco Law Office and we will be happy to assist you.