New Jersey wills attorney Christine Matus (https://matuslaw.com/wills-attorney/) releases a new article explaining the importance of having a will. The lawyer mentions that when a person passes away, their loved ones need to address many financial and legal issues. A Will is just part of what could be a larger estate plan that can ensure these matters are set out exactly as a person wish.
“You’ve worked hard all your life to build a nest egg for your future and a legacy for your loved ones. Unfortunately, without a valid will in place, your assets may be distributed by the courts and not to your wishes. A will is a legal document that sets out how you want your assets distributed after your death. It will also address who will care for your minor children and who will act as the executor of your estate,” says the New Jersey wills attorney.
The lawyer explains that protecting one’s assets and ensuring their future is very important. When a person dies without a will, it is called dying intestate. If they fail to prepare these critical matters, the state may leave the decision up to an administrator and other people who do not have any idea how the owner would want their estate to be distributed.
Attorney Christine Matus says that wills are not only for wealthy individuals with complicated assets. Anyone who has accumulated wealth and assets and has a family needs to have a valid will. In a person’s will, the owner will have the ability to designate exactly who gets what assets and keep them out of the hands of people you would not want to have them.
In the article, the lawyer says that having a will can give a person’s loved ones faster and easier access to their assets. Having a valid will can also give the person the right to name a guardian for their minor children instead of leaving it up to the court.
According to the attorney, “You may already have a will, but your circumstances have changed since it was executed. Occasionally, a will should be updated when life has changed and the terms of the will no longer work. A will should be changed when there has been a birth of a child or grandchild that demands a shift in asset division or guardianship issues, you or a family member has divorced, family dynamics have changed, and other life changes.”
Lastly, the lawyer emphasizes the importance of having a skilled estate planning lawyer. Having an experienced attorney may be able to help the family understand their rights and ensure that the assets are distributed according to the owner’s wishes.
About the Matus Law Group
The Matus Law Group has a team of estate planning attorneys who are committed to helping families and individuals in real estate transactions in New Jersey and New York. Through a team approach, they work hard to help their clients with their estate planning needs. Call The Matus Law Group today at (732) 785-4453.
The Matus Law Group
125 Half Mile Rd #201A, Red Bank, NJ 07701
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The Matus Law Group is an experienced team of attorneys who can help you and your family plan for life, protect and care for loved ones with special needs, cope effectively with disability and death, and preserve inheritances for future generations.