Do I Need a Will in New Jersey?

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Do you need a will in New Jersey, or can you just go without? Passing away without a will results in state law determining who your heirs are and what amount of property they will receive. By consulting with an attorney and creating a testimonial will (which may include advanced medical directives, which spell out your wishes in the event you are incapacitated), you can have peace of mind that your family is protected. Furthermore, you can discuss with the lawyer what can be done to avoid unnecessary transactions and taxes. If you have minor children, you can also name a guardian in the will in the unlikely event both parents pass away. Watch this video to learn more about why you should consider a will and other estate planning.