Ocean County Estate Planning Lawyers
Sitting down with an attorney to discuss your estate is one of the best investments you can make for your future and for that of your heirs. Understanding what you have now and what you hope to leave to your family can allow you to make your wishes known through a will or a trust. Based on the size and purpose of your estate, you may want to place some or all of your assets into a family trust or income-only trust.
Protecting Your Assets With Estate Planning And Trusts
At Silvi, Fedele & Honschke, our Ocean County estate planning attorneys can consult with your accountant or financial planner to create the most effective estate plan. We always keep in mind tax issues when creating wills and trusts. The New Jersey estate tax, federal estate tax and New Jersey inheritance tax may play a role in your decision-making.
Handling A Variety Of Trusts In New Jersey
Our Toms River attorneys have more than 20 years of experience drafting trust documents for clients. We can help you create virtually any type of trust, including:
- Credit shelter trusts
- Life insurance trusts
- Special needs trusts
- Disclaimer trusts
- Revocable trusts
- Irrevocable trusts
- Medicaid planning instruments
Benefits Of Having A Trust
Creating a trust to protect your assets from going through probate is an excellent way of preserving them for your family. You can also create a living trust, which assigns those assets first to yourself or the person of your choosing, and then makes a different person the trustee and/or beneficiary upon your death. Trusts can be revocable or irrevocable and can be tailored to meet your needs and requests. Our Bricktown lawyers will work with you to determine the best course of action for preserving your wealth for you and your heirs.
We can also set up special needs or supplemental needs trusts for disabled children and adults who are receiving governmental assistance so that their financial needs are met throughout their lives. We will name a person of your choice as the trustee for these accounts to ensure their continued security. We also have companies that we can recommend to be the trustees, and administer them.
Contact Our Monmouth County Trusts Lawyers
We have offices in Toms River, Forked River and Bricktown, New Jersey, for your convenience. Call us at 888-898-1206 or send us an email to discuss all of your estate planning and trust creation needs.