Postmortem planning is something that you must take into consideration if you want to leave behind a self-actualizing estate dynamic.
Working with an estate planning lawyer to construct legally binding documents is part of the process, but you also have to plan ahead with the eventual administration of the estate in mind.
Certain steps must be taken after your passing to get the wheels in motion. If you utilize a last will to express your final wishes you choose an executor or executrix, and this individual takes care of the hands-on tasks with the assistance of a probate lawyer.
The logical course of action would be to arrange for the estate planning attorney who is drawing up your last will to act as the probate lawyer to help guide your executor through the process when it becomes necessary.
There are those who choose to utilize revocable living trusts to direct future asset transfers. For these individuals probate is not much of an issue, but trust administration is indeed something that must be taken into consideration.
We have prepared a free report that examines the process of trust administration in considerable detail. Our firm is currently offering this report to people here in the central New Jersey area and your copy is available to you right now.
Click the following link and fill in the form that you see on the right of the page to obtain access to your report:
New Jersey Trust Administration Report
This report is invaluable for anyone interested in creating a trust for the well-being of their loved ones, and we urge you to take action to obtain your copy.
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- Paving the Way For the Future: An Estate Planning Guide for Millennials - September 24, 2023
