Jump to Navigation
Subscribe to this blog’s feed Are You in Need of Expert Legal Representation? Contact Us For A Consultation. (201) 467-4180

McCurrie McCurrie
& McCurrie, L.L.C.

680 Kearny Avenue
Kearny, NJ 07032-3010
Phone: (201) 467-4180
Fax: (201) 997-9567
Kearny Law Office Map
email firm here

Bold labels are required.

Please note that First AND/OR Last Name, and Email AND/OR Phone are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Estate planning basics for older Americans

All the talk about estate planning, advance directives and wills or trusts seems to make it harder for some older Americans to plan properly. For many, there is simply too much information to sort through on the road to planning for the golden years. Sometimes, it's helpful to weed out the extraneous and focus only on what you need to accomplish on an individual basis. Those who can achieve this basic goal often have a better chance of seeing the pieces for their ideal estate plan fall neatly into place.

Taking one element at a time at a time allows people to feel more confident about their choice and a great place to start is creating a will or a trust or both. Often, the greatest obstacle for this and other tasks is the tendency to avoid it altogether or put it off. To help you get started, consider thinking of this step as a gift to your loved ones. The more estate planning you do now, the easier it will be for your family members if you become infirm or pass away.

Wills and trusts can be complex or they can be relatively understated. In as simple terms as possible, it involves making decisions about your assets, your healthcare and your final wishes, usually with the help of an attorney. You will also choose one or more executors to carry out these wishes, but don't forget to speak with them ahead of time and make sure they are ready to accept this responsibility. Once your documents are drafted and witnessed, choose a safe place to store them such as a fireproof safe.

The last basic thing to understand is that you will need to update your documents in the event of any major life changes like a divorce or a marriage. In the end, you will feel better knowing you have a will or a trust in place for your loved ones. For best results, consult with an estate planning attorney to make sure you have covered all the bases.

Source: Rutgers University, "What Older Adults Need to Know about Money" Oct. 29, 2014

No Comments

Leave a comment
Comment Information