An Elder Care Attorney in Newark’s Guide to Elder and Estate Planning: Dying Without a Will

1. An Elder Care Attorney in Newark’s Guide to Elder and Estate Planning: Dying Without a Will Aretha Franklin’s estate is said to be worth $80 million. Ms. Franklin did not have a will. What is next for her heirs? Lots of headaches are the predictions. Dying without a will is known as dying intestate. A will is a written document that disposes of the deceased person’s property according to the deceased person’s wishes. When an individual dies without a will, his or her property is distributed to heirs according to a process and procedure outlined in New Jersey’s intestacy laws. For more information click here. elder care attorney nj, elder care lawyers in nj,elder law new jersey, elder law attorney new jersey, elder law attorney nj, elder care attorney near me Why Draft a Will? People mistakenly believe that when they die, their property will pass to their family or heirs. Heirs are spouses, children, siblings, parents, and cousins of the deceased person. If a deceased person does not specify who gets what property, the state of New Jersey will determine who gets any property and how the belongings will be distributed to any heirs. When an individual dies without a will, the probate court steps into the shoes of the deceased person and starts the process of identifying assets and liabilities. They also must determine who the beneficiaries are and locate them. For more information click here., elder care lawyers near me, child custody Lawyers nj, child custody attorneys near me, Elder Care Law Firm The number one benefit of drafting a will is that a deceased person’s property will be distributed according to his or her wishes. With limited exception of the spouse, a deceased person is free to leave his or her property to any person, organization, and even pets. There is no requirement to leave property to family. For more information click here. estate planning attorney near me, estate planning attorney new jersey, estate planning lawyer NJ, estate planning lawyers near me

2. A close second benefit of having a will is that more of the deceased person’s property will be passed to the deceased person’s beneficiaries. A beneficiary can be a person or organization to whom the deceased person leaves his or her property and does not have to be a blood relative. The administration of an estate without a will is costly and those fees and taxes are paid by the estate before the beneficiaries receive any of the deceased person’s property.For more information click here. Adoption Attorney near me, Alimony Lawyers near me, Medicaid Planning Attorney near me,Medicaid Planning Attorney nj, Divorce Lawyer near me Schedule an Appointment with an Elder Law Attorney in Newark Today to Draft Your Will For more information click here. Divorce Attorney new jersey, Veterans Attorney New Jersey, medicaid attorney NJ, medicaid planning attorney nj, medicaid attorney near me The Giro Law Firm serving the community of Newark, New Jersey helps individuals with all of their estate planning needs, including the drafting of wills. Make sure that your belongings are left to the people or organizations that you choose with limited headaches and fees. A will is not the only thing with which an elder care attorney can help you. Talk to an Elder Care Attorney in Newark today about powers of attorney, health care proxies, and Medicaid planning for long term medical care. For more information click here. . medicaid lawyers near me, family lawyers in newark nj, lawyers in newark nj, lawyers in newark new jersey The Giro Law Firm is a New Jersey and New York law firm located in Newark, NJ that handles a wide range of legal matters that affect the elderly and disabled populations, including retirement, guardianship, health care, long term care planning, Social Security, Medicare/Medicaid, and other legal services. To request a consultation with a Newark Elder Care Attorney, click here or call (201) 690-1642. For more information click here. divorce lawyers in newark nj, probate lawyers in newark nj, child support lawyers newark nj, attorney in newark nj