For many New Jersey residents, the process of putting together a set of estate documents is a source of stress. This is largely due to the sheer volume of available choices. When confronted by the range of options, many feel overwhelmed and unsure where to begin. However, everyone should rest assured that there is a combination of estate planning documents that can meet any need.
Many people begin with a simple will, which can address the designation of heirs and the assets that they will receive. Moving beyond a will, some individuals will choose to make use of various trusts to pass their wealth on to their chosen heirs. A trust has the advantage of keeping one's estate out of probate, which saves money, time and allows the family to keep the details of the estate private.