Hope A. Lang, Attorney at Law can be your legal counsel in drafting your will and in estate planning. She can be your legal counsel in the following areas:
Power of Attorney
Health Care Representative
A primary purpose of having an estate plan is the peace of mind it will bring you in knowing that your spouse, children and loved ones are provided for in the way you desire.
A properly drafted estate plan includes designating a power of attorney and a health care representative or a living will. A will that is properly drafted eliminates the need to later have your executor post an expensive non refundable bond required by the state.
The proper planning, drafting and execution of documents will ensure that your property goes to the persons you desire and without unnecessary expenses to your heirs. Your decision making in this area will provide to your minor children, spouse, and others as you desire and not as the state dictates.
Concerns for your minor children can be planned for in advanced through having a testamentary trust drafted by your attorney. Estate planning with the children in mind will also include naming your designated guardian and a trustee.
Parents generally know their children's capacities and maturity levels better than would an outsider third party; and parents can better deem when it would be most beneficial for a child to receive his/her inheritance. A properly drafted estate plan with a testamentary trust can stipulate that minors receive their inheritance through your vision and intimate knowledge of them and will implement your wishes; such as by having payments made to your beneficiaries be allocated over a several year time span to insure an early adult does not spend all of his/her inheritance prematurely.
A properly designed estate plan will ensure that your money and property are handled by the persons you trust and will go to the beneficiaries that you desire in a time frame that you believe is prudent. A properly designed estate plan will include a Power of Attorney to enable your loved ones to take care of you when you most need them. It prevents the later necessity of your family members having to file costly Guardianship proceedings in your behalf in Court.
Call Hope A. Lang, Attorney at Law now at 201 599-9600
From offices in Oradell, the law firm of Hope A. Lang, Attorney At Law represents persons throughout New Jersey, including Bergen, Middlesex, Essex, Hudson, Monmouth, Ocean, Union, Camden, Passaic, and Morris Counties.