michael s. simone, esq.
As you and your family grow and change, it may be time to start estate planning. Why is that? Well, estate planning helps you protect your assets, prepare for the future, and secure your family’s financial stability.
With the help of an experienced estate planning attorney, you can feel confident about your future. You can rest easy knowing that your assets are secure, and that once you pass away, your belongings will go to your loved ones.
Regardless of the amount of assets accumulated in someone’s life, estates of all sizes should plan for the future. If you would like to secure your wealth and protect your family, contact the Cherry Hill estate planning attorneys from The Simone Law Firm. We can help you achieve your estate planning goals and create a plan that holds up for years to come.
Call us today to schedule a consultation.
According to the United States Census Bureau, the population estimate for Cherry Hill in 2021 was 75,474. There were around 27,877 households in Cherry Hill from 2017 to 2021, and the median household income during this time was $107,341.
The residents of Cherry Hill have assets – property, tangible items, and monetary assets, that are worth protecting. Again, regardless of the amount of assets, all should plan for the future to help ensure the individuals you would like to inherit the above items actually receive them. More importantly, it helps avoid future issues between family/friends. Estate planning helps ensure that your assets are secure and can be passed down when you pass away.
If you need help creating an estate plan, contact a New Jersey estate planning lawyer from The Simone Law Firm.
Here are some local resources in Cherry Hill that you and your family members and loved ones might find helpful.
The Cherry Hill Township website has a Senior Services page filled with resources and helpful information. For example, you can find AARP tax aides, food programs, senior clubs, and more. Visit online or in person to learn more.
Cherry Hill Township
820 Mercer St.
Cherry Hill, NJ 08002
If you or a loved one needs help with everyday tasks and care, consider scheduling a tour at Spring Hills Assisted Senior Living Facility. This organization offers 24-hour on-site nurses, memory care, on-site therapy, and other medical care services.
Spring Hill Assisted Senior Living Facility
1450 Marlton Pike East
Cherry Hill, NJ 08034
The Simone Law Firm understands that estate planning can be complicated and overwhelming. That is why our goal is to help clients navigate through each step of the estate planning process.
Here are some ways we can help:
How do I appoint an executor of my estate?
You can appoint an executor of your estate in your will. The executor is the person who completes probate and carries out your wishes after you pass away. If you don’t name an executor of your estate, the courts will choose someone to fill this role.
What is the difference between a revocable and irrevocable trust?
A revocable trust can be changed or altered. This is helpful because you may want to revise the conditions of the trust as life goes on. Meanwhile, an irrevocable trust cannot be changed once it’s finalized. Irrevocable trusts are useful because they avoid some estate taxes.
Do I really need an estate plan?
If you have assets and, more importantly, a family you wish to protect, then you should create an estate plan. Many people put off estate planning for a variety of reasons. However, it’s essential that you create one before it’s too late. Illness or death is unpredictable, which is why you need a comprehensive estate plan.
Estate planning is an excellent way to protect your assets. If you want to ensure your family is taken care of after you’ve passed away, consider creating an estate plan. Tools like a will and trust can help provide for your family even when you’re gone.
If you have more questions or want to get started on your estate plan, contact a New Jersey estate planning attorney from The Simone Law Firm.
Call today to schedule a consultation.
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