A properly crafted estate plan affords you peace of mind. You know that wishes regarding your assets and medical care will be carried out, and you know that an untimely death will not place a financial burden on loved ones left behind.
At the Union and Cedar Knolls law offices of Wolfenson & Ashkenazi, P.C., we have over 40 years combined experience handling estate planning and probate administration matters for clients throughout northern and central New Jersey. We will work closely with you to establish and implement estate planning strategies so that you don’t have to worry about your family’s future.
Personalized Estate Planning Services
At our law offices, we work hard to provide the kind of personal attention you expect from a small firm with the full range of estate planning services normally found at a larger law practice. We are sensitive to the emotions and issues that can accompany end-of-life planning and focus on pragmatic solutions. We understand that it can be difficult to face your own mortality during the estate planning process. We also know that the best approach is to be prepared.
Whether it is the comfort of knowing that your last hours will not be unduly extended against your wishes or knowing that your assets will be distributed according to your intentions, a well-drafted estate plan can effectively minimize the stress, confusion and anxiety after your death. Using relatively straightforward estate planning tools, you can take steps now to best ensure that your loved ones are provided for after you are gone.
Estate Planning: Tools And Process
When we develop your estate plan, we begin by learning as much as we can about you: your family situation, your assets and liabilities and your objectives. We will then advise you on the advantages and disadvantages of different estate planning strategies, including the preparation of wills and trusts, the retitling of assets and the lifetime gifting of property.
Once you have determined the approach that best meets your needs, we will prepare all the documents necessary to create your estate plan, including:
- Wills: We will set out your desires as clearly as possible, making certain that your heirs will have clear directions regarding asset distribution and, if applicable, the care of dependents.
- Trusts: These legal documents can provide asset protection from estate taxes if income exceeds certain limits. We can set up various trusts, depending on your objectives, including revocable and irrevocable trusts, living or testamentary trusts and special-needs trusts.
- Powers of attorney: We can prepare the necessary documentation to allow others to make financial, medical and other decisions for you, if you lack the capacity to do so.
- Living wills and advance health care directives: If you don’t want your life to be sustained by artificial means, you can alert medical authorities and relieve family members of the responsibility of making the decision.
Contact Us Today
For knowledgeable, compassionate and dedicated legal counsel in matters involving estate planning, contact us to schedule a free initial consultation. Your first meeting with estate planning lawyers Andrew M. Wolfenson or Rebecca S. Ashkenazi is free.