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July 2012 Archives

Family in contentious estate battle for $3 million

Many times, as people age, they make sure their estate is in order. This mean their will is set the way they want, and they have had discussions with their family about their care as they age. Unfortunately for one family, a stressful event may have lead to alterations to a woman's will, just before her death in 2008.

A handwritten will usually doesn't go far enough

When people are scrambling to enjoy the last bit of summer, they might be intending to get around to making or revising their will. In the mean time, they might scribble on a pad of paper who in the family should get certain possession if anything were to happen to them. This might serve as a temporary solution and give some reassurance to people who don't have time for estate planning, but there are a few things with handwritten wills that might cause issues if a person dies.

Planning your estate doesn't have to be complicated

Many people think about trusts, wills and other estate planning documents and grumble about their potential complexity. Often, estate planning isn't as complex as people think it is. Sometimes, there are complex plans that can be discussed with an attorney to accomplish very specific goals regarding what happens to certain assets after you die. However, many people can start their estate planning by speaking with an attorney about basic estate planning documents.

POLST could accompany advance directives in New Jersey

A new tool for people to plan their wishes will soon be available. A piece of legislation will help people in New Jersey establish Physician Orders for Life-Sustaining Treatment or POLST, which can accompany a living will, otherwise known as an advance directive. The idea behind the POLST is to make a physician's order which must be followed. This can often accompany an advance directive in order to ensure the patient's wishes are followed.

Wills and living trusts serve different purposes, work together

Sometimes, families hope to keep a person's will private after they die. It could be for numerous reasons, maybe the person is a celebrity or is well know and the family wishes to keep its dealings private, or the family doesn't want its wealth known. Whatever the reason, wanting the estate of a family member to remain private is reasonable. However, if the person has a will, the will must be submitted to probate court, which can make the will public.

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