michael s. simone, esq.
A common misconception about estate planning is that it’s only for the dying—making it easy to put off until later in life.
But in reality, estate planning is for the living. It’s for every person, at every stage in their life, to protect their assets, arrange medical care and ensure that their loved ones are adequately cared for once they can no longer do it themselves.
Another myth is that it’s for the rich—leading you to think that there’s no way you can afford an estate plan, let alone need it. Wrong again.
The fact is, you already have an estate: your bank accounts, house, insurance, and debts. But when you fail to put plans in place for these things while you’re still living, that burden passes on to the next person in line.
Don’t make that mistake—contact our Cinnaminson estate planning attorneys at The Simone Law Firm. Our lawyers knowledgeable in elder law can help you build an estate plan around your life and protect your loved ones.
Proper planning ensures that in the event of your death, the things you own will go to the right people, in the right amounts, at the correct times, with the least cost and delay.
Our NJ estate planning lawyers will help you reach these goals by properly drafting:
After discussing your specific situation, our law practice will create a plan that suits your and your family’s needs. We recognize that our clients have different personal and financial backgrounds that must be evaluated to ensure their assets are well protected during their lifetime and beyond.
Probate can be confusing if you are not already familiar with the term and its procedures. We assist families and loved ones throughout the estate probate process.
Probate is the act of settling your estate or dividing your assets as outlined in your estate plan. This process will be overseen by your estate administrator (who you’ll appoint) and a probate lawyer.
Not all estates must enter into probate; if you can, it’s best to avoid it altogether.
The following are assets that will not be probated:
With careful planning, an elder law attorney can avoid probate. However, if your assets enter probate, your loved ones need to know what to expect.
At The Simone Law Firm, our goal is to help you better understand the complexities of the probate process with the Burlington County Surrogate Court and be better equipped to handle each step along the way.
The estate planning do-it-yourself process (DIY) goes a bit like this—you type in your personal and financial details and your wishes for your final affairs. You pay the fee, your papers are drafted, and you’ll have your estate plan in hand in a few weeks, signed, sealed, and delivered.
Seems simple enough, right?
Well, the critical test of a successful estate plan is what happens after you’re gone. Online DIY estate planning tools are known for being full of generic information—leaving your estate open for much interpretation.
Something as simple as wording or incorrect and outdated information can cause your plan to become null and void.
Your final wishes shouldn’t be left up to a computer-generated plan. When it’s your legacy on the line, you need a qualified Cinnaminson estate planning attorney to set you up for success.
No one can adequately prepare for death, but you can prepare for what happens next. Establish an air-tight estate plan, and protect your legacy. Contact a Cinnaminson estate planning attorney today to get your affairs in order.
The core values of our team distinguish our firm from all others. We know there are many choices in legal representation and we appreciate you considering our firm for your legal needs. Our firm has maintained great relationships with our clients with some lasting over twenty (20) years. Our satisfied clients demonstrate the dependable, trustworthy, honest and efficient representation that we provide in order to vigilantly protect and serve our clients’ legal needs.
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