Will is defined as a document in which a person specifies the method to be applied in the management and distribution of his estate after his death. A will is the legal instrument that permits a person, the testator, to make decisions on how his estate will be managed and distributed after his death.
It is much better to be in charge of your own estate than to leave it to the state of New Jersey to assign your assets, too many people today would rather choose to ignore the inevitable than to address it head on, which only impacts their loved ones.
You can use a will to:
- leave your property to people or organizations
- name a personal guardian to care for your minor children
- name a trusted person to manage property you leave to minor children, and
- name an executor, the person who makes sure that the terms of your will are carried out.
A Living will is a written statement detailing a person's desires regarding their medical treatment in circumstances in which they are no longer able to express informed consent. This term is also knows as an advanced directive.
A living will allows you to appoint the one person who will follow your decisions about whether or not you want to receive pain medication or artificial nutrition, and allows you to list other special instructions for your care.
If you do not have a will or a living will, or would like to update your pre-existing will or living will, contact the Trocki-Videll Law firm to schedule your free consultation today!