When a loved one passes away, those left behind are often very distressed. This is a time when emotions and tensions run high, and when conflict between family members in New Jersey can easily flare up. When it comes to estate planning, there are several tips that individuals and families can implement to offset the risk of family feuds. Doing so can make this challenging time far easier to weather for all involved.
Most pet owners think of their cat, dog, bird or other pet as a family member, not just a pet. Estate planning unfortunately usually does not include those beloved pets and therefore they are not provided for in the event of your death.
Administering an estate in New Jersey begins with locating a will. The items that the will controls, or probate assets, and the person who will be in control of the distribution of these assets will be named in the will as the executor of the will. In some cases, the deceased party may leave behind a trust document. However, there are cases in which there is no will or trust document left. In these cases, an administrator will need to handle the estate administration based on the prior estate planning.