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New Jersey Estate Planning

Estate Planning helps you manage your assets and wishes. Attorney-drafted templates make the process fast and easy.

intro Estate Planning

What is Estate Planning?

Estate Planning involves creating documents to outline how your assets will be managed and distributed after your passing. Explore subcategories for the most relevant templates.

Common New Jersey Estate Planning documents

  • Last Will and Testament — outlines how your assets will be distributed.
  • Living Trust — manages your assets during your lifetime and beyond.
  • Power of Attorney — designates someone to make decisions on your behalf.
  • Living Will — specifies your healthcare preferences in case of incapacity.
  • Advance Directive — outlines your wishes regarding medical treatment and end-of-life care.

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Similar documents: key differences

  • Will vs. Trust — a Will distributes assets after death, while a Trust can manage them during life.
  • Power of Attorney vs. Healthcare Proxy — Power of Attorney handles financial matters, while Healthcare Proxy makes medical decisions.
  • Living Will vs. Advance Directive — both detail healthcare wishes, but an Advance Directive may cover broader scenarios.
  • Trust vs. Estate — a Trust is a legal entity, while an Estate refers to the total assets of an individual.

  • Documents should be signed by individuals with legal capacity.

  • Many documents require witnesses or notarization for validity.

  • Wills and Trusts can work together for comprehensive planning.

  • Keep asset titles and beneficiary designations consistent with your documents.

  • Review and update documents after significant life changes, like marriage or divorce.

  • Choose trusted individuals for roles like executor or agent.

  • Store originals securely, and inform responsible parties where to find them.

How to get started

Start in minutes with these steps.

  • Find a template or package that fits your situation.
  • Review the description, preview, and signing requirements.
  • Get full access with a subscription.
  • Complete it in the online editor.
  • Export or send: download, email, USPS mail, notarize online, or send for e-signature.

Practical tip

Understanding the differences between a Will and a Trust can simplify your planning process.

FAQs

Estate Planning helps you decide how your assets will be managed and distributed after you pass away.

While not required, a lawyer can provide valuable guidance in complex situations.

Your assets will be distributed according to state intestacy laws, which may not align with your wishes.

Yes, you can update your Estate Plan at any time to reflect changes in your life.

Glossary

  • Will - A legal document that specifies asset distribution after death.
  • Trust - An arrangement to manage assets for beneficiaries.
  • Power of Attorney - A document allowing someone to act on your behalf.
  • Living Will - A document outlining your healthcare preferences.
  • Executor - The person responsible for administering your estate.
  • Beneficiary - An individual entitled to receive assets from an estate.
  • Incapacity - The inability to make decisions due to mental or physical conditions.
  • Advance Directive - A document detailing healthcare wishes in advance.

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