The average life expectancy in the United States has significantly increased. Although people may be living longer lives, they are not necessarily living healthier lives. In peak physical condition, a person rarely considers what may occur to his family should an accident take place; however, careful estate planning is key to ensuring you and your family are taken care of in dark times.
Unfortunately, most accidents occur without warning. Before you can prepare for it, the situation calls for immediate attention to complex legal, tax, business, and healthcare decisions. Making such critical arrangements without proper counsel can cause families to lose control over their finances and may cost more long-term. Estate planning is crucial to establish who can make decisions on your behalf should you become incapable of doing so on your own. Working with a New Jersey trusts and estate planning lawyer before a crisis can help you manage your assets and preserve your wealth.
Comprehensive Estate Planning Services in New Jersey and New York
At Sandelands Eyet LLP, our estate planning attorneys in New Jersey and New York work closely with individuals to understand precisely what they hope to achieve when preserving and protecting their wealth. Multi-generational planning necessitates advanced legal and tax planning methods, and a complete insight into the family structure. Each day, our clients rely on us to advise them in making smart business, financial, and personal decisions. We take this responsibility seriously, thoroughly educating our clients about the intricacies of the estate planning process.
Estate planning is essential to placing one’s goals and final wishes in writing. Careful planning creates peace of mind for individuals and loved ones. It is important to establish what should happen to you and your property should you become incapacitated or leave this earth. A complete estate plan accounts for both possibilities.
Experienced Estate and Trust Lawyers
Our estate and trusts lawyers understand that these decisions may be difficult to make, which is why we help you each step of the way. Our attorneys provide personal attention while developing asset protection and wealth transfer strategies that suit your personal needs. These include:
- Last wills and testaments
- Living trusts
- Special needs trusts
- Irrevocable life insurance trusts
- Charitable foundations and trusts
- Personal residence trusts
- Family limited partnerships
- Limited liability companies
- Powers of attorney
- Living wills
Administration of Trusts and Estates
At Sandelands Eyet LLP, our lawyers represent executors and trustees in the process of administering a decedent’s estate. Executors, administrators, trustees, and other fiduciaries are responsible for holding property and assets for the beneficiaries of trusts. They are tasked with several legal, financial, and ethical responsibilities. Without an effective plan, a fiduciary cannot properly attend to his duties, risking personal liability for lost opportunities and expenses.
Sandelands Eyet LLP works with clients to ensure they have a complete understanding of the obligations of a fiduciary before they accept fiduciary appointments. We advise clients through the estate administration process and help beneficiaries protect their interests in an estate.
Find out how our New Jersey and New York trust and estate planning attorneys can help you preserve your estate for future generations. Call (908) 470-1200 or reach out to our attorneys online to schedule a free consultation.