As you create an estate plan, you have many documents to choose from, and the differences between documents can sometimes be confusing. Three documents that people are often confused about include wills, living wills and living trusts. Although all three documents are common estate planning documents, they serve very different purposes and it can be advantageous to know the differences.
As many music fans in New Jersey may know, it has been about three years since the rock-and-roll legend Prince died at his residence in another state. He was 57 years old when he died.
Many people in New Jersey have parents and other relatives who are older, sick or otherwise suffering under a disability. Such conditions can make it hard for such people to make financial and other decisions for themselves.