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Proper estate planning can prove very valuable

Almost no one wants talk about death, but death is an inevitable part of life. It is something that everyone will experience, but it can be made a little easier on a person and his or her loved ones if a person takes the time to do a little estate planning before that day arrives. Filling out a will or a trust, or any other type of estate planning service in Hudson County, New Jersey is a smart idea for anyone.

 

When doing estate planning, its important to avoid critical mistakes that could cause a person’s loved ones to lose his or her assets after they pass. It’s also imperative that a person communicates clearly and precisely what his or her wishes are before they pass away. Failure to do so can cause a lot of problems for his her loved ones.

Often, people fail to make plans that alter an estate plan when both parents, or heirs, die. They also may not understand how a trust works or make sure that taxes for a rollover retirement account are set aside. Such errors can inadvertently lead to people outside the immediate family inheriting the estate and financial challenges for the heirs themselves.

 

If the proper steps are taken before it’s too late, a person can help ensure that his or her loved ones will be able to continue living with the comforts and securities they’ve always had. This can be a great help in overcoming the loss of a loved one and in being able to deal with the grief that often comes when someone passes away. Since death will happen to everyone at some time or another, it may be a good idea for a person to seek the right estate planning services.

Source: Fox Business, “Duck Estate-Planning Fiascos Before it's Too Late,” Sheyna Steiner, May 13, 2013

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McCurrie McCurrie & McCurrie, L.L.C.
680 Kearny Avenue
Kearny, NJ 07032-3010
Phone: (201) 467-4180
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