Legal Question in Elder Law in New Jersey

Re: Correct Will Form

There are plenty of Do It Yourself kits available, however, they are not guaranteed to address your legal needs or to minimize tax consequences. The surrogates court cannot give you estate planning advice, just tell you whetehr the will was properly signed. If the kit you purchase does not anticipate your situation, assets and intended distribution, then a large percentage of your estate will be forfeited to both the State of New Jersey and the Internal Revenue Service. A properly drafted estae plan should run about $5,000, but will save you significantly more in death and estate taxes.