Estate Planning | Morris County & Surrounding Areas
Trust our law firm to facilitate your estate planning and probate administration. Cardile Law is the name you can rely on to ensure that the future of your estate is handled competently, professionally, and according to your wishes. Having an experienced estate attorney on your team can result in tremendous savings in the future. Our estate probate attorneys located in Montville, NJ, have the knowledge and experience to manage your assets and resolve any remaining legal issues.
We offer a FREE 30 minute private consultation for anyone that is interested in learning more about Estate Planning. In addition to private consultations we offer informational seminars for groups of people interesting in learning about Estates.
Cardile has over 30 years of experience handling estate matters. Our services range from probate proceedings to drafting a variety of Estate documents including Wills and Trusts.
We work with all Clients regardless of the size of their Estate to come up with a plan that suits their needs and ensures their beneficiaries receive assets in the Estate in the most effective manner. Coming up with an Individualized plan for each Clients situation is the cornerstone of our strategy.
What is Probate?
Probate is the legal process where a deceased person's assets are distributed to their heirs and beneficiaries. If the decedent had a will, once that Will has been proven valid by the surrogate and an executor is appointed then the property is distributed according to the Will. If the decedent did not have a will then an administrator is appointed and the property is distributed according to the intestate statute.
Why Should You Have an Estate Plan?
Estate Planning is one of the most important steps a person can take to ensure their loved ones are provided in their absence, final property passes according to their wishes, and their health care wishes are honored. Estate Law can be can be tricky setting up your estate plan properly can offer substantial savings to your loved ones. Our firm provides each Client with comprehensive estate plan and the necessary documents that are required to enact that plan.
What is Estate Planning?
Estate Planning is process of anticipating and making arrangements during person’s life to prepare for the disposal of a person’s assets at death and during their lifetime. Some of the goals of Estate Planning are to minimize estate tax, inheritance tax, gift tax, income tax, ensure assets pass to the people you intend, and to make certain your assets and you are properly taken care of in the event you are incapacitated. An Estate plan can be very simple such as drafting a Will, Power of Attorney, and Healthcare Proxy.
Who has an Estate?
Almost everyone has an Estate. An Estate consists of assets such as real estate, automobiles, bank accounts, stocks, bonds and personal property such as jewelry or artwork.
Who needs Estate Planning?
Not everyone needs a comprehensive Estate Plan. Most people that have assets should execute a Will. The decision to have an Estate Plan is a personal one and depends on the size of your Estate.
What Are The First Steps?
Determine what assets you possess and who you want to receive those assets. Next you should determine if you have a taxable Estate. In New Jersey there is both an Estate and Inheritance Tax. However, currently the Estate Tax in New Jersey has been eliminated. Previously only Estates with assets in excess of 2 Million Dollars were taxed. Furthermore, there is a Federal Estate Tax for Estates in Excess of a certain amount.
Contact our Experienced Probate and Estate Planning Lawyers
Schedule a consultation at our law office to discuss the management of your estate. Our probate lawyers conduct a full range of services. Our areas of expertise include:
Power of Attorney
Over the years, we have successfully handled numerous estate planning and probate cases for our clients. Let us take care of your estate planning so you can experience the peace of mind that our services allow.
Contact us for competent probate administration and Estate Planning. We serve clients in Bergen County, Passaic County, Morris County, Essex County, Hudson County, and Sussex County.