Why Estate Planning For Uncertain Times is so Important

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Why Estate Planning For Uncertain Times is so Important

In uncertain times like these, we are reminded of the importance of creating a comprehensive estate plan. Please continue reading and reach out to our experienced New Jersey attorney to learn more about some of the key aspects of estate planning. Here are some of the questions you may have:

Why should I write a will?

There are few things more important than drafting a will. Doing so ensures various assets and objects you’ve accumulated throughout your lifetime are handled as intended upon your death. If you die without writing a will, you die “intestate,” which means your assets will be distributed on a succession schedule, depending on your surviving family members.

What is a power of attorney?

Powers of attorney are designed to help individuals allow others to make certain key decisions on their behalf if they are incapable of doing so for one reason or another. If you are someone who has been quarantined with the coronavirus, you will most likely need a trusted person to handle certain important affairs, such as making bank deposits and withdrawals, filing tax returns, hiring caretakers, paying bills, accessing your medical records and more.

Should I create an advanced healthcare directive?

When you create an advanced healthcare directive, you appoint certain individuals to make critical medical decisions on your behalf upon your incapacitation. The individual that you appoint can deal with the following circumstances:

  • Access crucial medical records in certain emergency situations;
  • Determine whether or not you are incapacitated;
  • Confirm or deny whether you would want to receive life-saving medical care;
  • Ensure medical decisions are made according to what you would wish, and more.
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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 20 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.

About the Firm

Juan Velasco, Esq. has over 25 years of experience passionately practicing law. Juan Velasco provides legal counsel to individuals, corporations, and institutions concerning substantial legal and financial matters.

Velasco represents clients in formal and legal proceedings, including negotiations to ensure amicable settlements that benefit their needs. He has over 2 decades advising clients concerning legal options available in complicated transactions. Mr. Velasco has drafted countless contracts and supporting documents for his New Jersey clients. He responds to inquiries, assisting clients in determining the most favorable position. He also provides legal guidance concerning appropriate business actions.

 

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1870 Route 27 – Suite 202
Edison, New Jersey 08817

Our offices are conveniently location on Route 27 in Edison, New Jersey, Attorney Velasco is ready to actively protect your interests. If you are in need of a passionate and effective lawyer, contact Velasco Law Office.




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