When you die without a will or a basic estate plan in New Jersey, the responsibility of distributing your assets falls on the state. This may lead to extra expenses or delays as far as when your beneficiaries get your assets. Having a basic estate plan in place helps eliminate these hurdles and hardships. It may, too, give you peace of mind that your legacy is going to end up where you want it.
According to Bankrate, your estate plan need not be highly complex to be effective. Instead, you may want to create an estate plan that includes the following three components.
