Arguably one of the toughest tasks when planning your estate is picking the person who has legal responsibility over your financial assets. The executor plays a crucial role in making sure that your property is passed down to the people you want to inherit it.
If you are seriously considering investing in commercial real estate in New Jersey, you will know that this is no minor undertaking. Making the right decision for your long-term goals can have a big impact on your financial future. This is why it is important that you conduct thorough research before you make a purchase.
If you are in the process of going through a divorce, your financial circumstances will be in a state of flux, and you may want to address some of these uncertainties in your estate plan. It is probable that you do not want your divorcing spouse to inherit your assets, and they may currently be named as a beneficiary in your will or trust. This is why it is important that all new divorcees look over their estate plan thoroughly so that they can make the appropriate amendments.