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New Jersey estate planning can help single people too

Many people might think they don't need to plan for the day they might die or become incapacitated. It is something that people across New Jersey avoid because they either don't want to think about it, or they don't think they need estate planning. Single people are especially prone to use the excuse that they simply don't need it. That's because they might just think that it doesn't matter who gets what, because they don't have a spouse or children.

Even if someone is single, it is likely that they are close to other people, and they might consider leaving something to them in the event of their death. Without an estate plan, the state will likely be deciding who gets parts or all of a person's estate. That is because they don't know a person's wishes.

When the state takes control of a person's estate they will likely divide the estate in a one-size-fits-all fashion. The state won't be able to determine that you actually wanted your favorite nephew or your best friend to get something of yours. Those who you have the closest relationships with might actually be left out of the estate process.

An experienced estate planning attorney can help people build the documents they need in place to ensure their wishes are followed. Even single people in New Jersey can benefit from having a proper estate plan in place. Making sure your property will go to the people who you see fit can help bring peace of mind to a person.

Source: NWI Times, "ESTATE PLANNING: Singles need a plan too," Christopher Yugo, June 3, 2012

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