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Estate Planning

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729 Highway 34
Matawan, NJ 07747
(732) 583-7288
(732) 583-7790
randyeisen@randyeisenlaw.com

Estate Planning

Will

It is very important to make proper plans for your estate. Through estate planning you can assure that your loved ones will receive the care they deserve after you are gone, that their well-being will be provided for and that your estate will be distributed in a manner that accords with your wishes.

When a person dies without a will, that person's property is distributed according to a set formula determined by state law, known as the law of intestacy. While your property will, most likely, still be passed on to your loved ones under this law, your property will most certainly not be allocated in a manner that you desire. The law also does not provide for gifts to charities, organizations or friends and it does not provide for guardians for your children, among other things.

Through the use of a will you can bequeath gifts to children, family members, friends and others entirely as you wish, name guardians for your children and establish any necessary trusts for them. You will also have the opportunity to appoint an executor and backup executor to carry out the distribution of the will.

The entire process of drafting and signing a will is rather quick and easy and will provide piece of mind for years in the future. The details for the will drafting can be discussed at your home and the signing can be held at your home as well if it will be easier for you.

Living Will

A living will is a document that informs loved ones and those charged with caring for your health as to how you would like certain health decisions to be made should you become unable to make those decisions for yourself. Examples of such decisions include whether to continue the administration of life support and the supply of food and water in the event you are diagnosed as permanently unconscious or terminally ill. Living wills also may contain your wishes regarding organ donation.

A living will can be drafted at any time or at the same time as the drafting of a will. The details for the living will drafting can be discussed via phone or at your home and the signing can be held at your home as well if it will be easier for you.

Power of Attorney

A Power of Attorney is a document that gives to another person the legal authority to handle any matters that you currently control, in the event that you become unable to handle them yourself. A Power of Attorney is particularly useful when one is ill, out of the country, or under some kind of disability. Some of the powers include the right to access bank accounts, transfer funds, pay bills, pay taxes, sell property, and take care of business matters. A Power of Attorney can be drafted at any time or at the same time as the drafting of a will. The details for the will drafting can be discussed via phone or at your home and the signing can be held at your home as well if it will be easier for you.