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Interesting provision for living property in woman's will

Leaving provisions in estate planning documents for pets is becoming more commonplace. One woman has taken this concept to a new level with one of the provisions in her will. New Jersey residents might be interested to learn about the $5,000 provision in the 63-year-old woman's will.

The woman, who has no children, received a philodendron in 1972. She says the plant has been her faithful companion since then. When she moved last year from a house in which the plant had rooted into the floor planks, she paid $370 just to have the plant moved.

The $5,000 provision in the will is being left for a friend to use to care for the plant. She doesn't have any siblings that share her love for indoor plants. She says that she has loved the plant and wants it to be loved once she is gone.

She does have other plants but hasn't worried about making provisions for those in her will. She says that almost every plant in her condo is a rescue, some of which have been taken from the curbside when abandoned by the owner. She asserts that the philodendron is the one she has had the longest.

When you are thinking about your estate planning documents, it is important to follow this woman's lead and make provisions for anything that is special to you, especially if it is something living. Knowing the laws in New Jersey pertaining to wills and estate planning might help you to decide the best way to make sure your special possessions are properly cared for when you are gone.

Source: Wall Street Journal, "A Woman's Will Provides Funds for Trusty Houseplant Upon Her Death" James R. Hagerty, May. 07, 2014

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