Top Ewing, NJ Revocable Trust Lawyers Near You
50 West State Street, Suite 1104, Trenton, NJ 08608
475 Wall Street, Princeton, NJ 08540
105 College Road East, PO. Box 627, Princeton, NJ 08542-0627
212 Carnegie Center, Suite 400, Princeton, NJ 08540
2000 Lenox Dr, Suite 203, Lawrence, NJ 08648
100 Overlook Center, 2nd Floor, Princeton, NJ 08540
7 Drewes Court, Lawrence Township, NJ 08648
300 Carnegie Center, Suite 220, Princeton, NJ 08540
100 American Metro Blvd, Hamilton Township, NJ 08619
281 Witherspoon St, 3rd Floor, Princeton, NJ 08540
4390 US-1, Suite 121, Princeton, NJ 08540
1898 Route 33, Trenton, NJ 08690
506 Carnegie Center Dr, Suite 300, Princeton, NJ 08540
902 Carnegie Center, Suite 500, Princeton, NJ 08540
700 Alexander Park, Suite 300, Princeton, NJ 08540
650 College Road East, Suite 4000, Princeton, NJ 08540-6603
2 Research Way, Princeton, NJ 08540
502 Carnegie Center, Princeton, NJ 08540
707 State Rd, Ste 102, Princeton, NJ 08540
230 West Delaware Ave, Pennington, NJ 08534
1670 Whitehorse-Hamilton Square Road, PO Box 8188, Hamilton, NJ 08690
353 Nassau Street, Princeton, NJ 08540
100 Canal Pointe Blvd, Suite 121, Princeton, NJ 08540
210 Carnegie Center, Suite 102, Princeton, NJ 08540
196 Princeton Hightstown Rd, Bldg 2A, Suite 10, Princeton Junction, NJ 08550
Ewing Revocable Trust Information
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State Required Disclosure: No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
What Is a Revocable Trust?
Living trusts are generally set up as revocable or irrevocable. With a revocable trust, the grantor can make changes to the trust during their lifetime. Generally, the grantor can use the assets during their life but still set aside money to provide for their loved ones when they die. However, a revocable trust does not have the same tax and limited asset benefits as irrevocable trusts.
What Are Some Examples of Situations Where I Might Need a Trust and Estates Lawyer?
Most people think of a trust as something they only need to consider when they pass away. However, a trust can be something you can benefit from during your life and provide for your family after death. Trust planning can help manage property and assets, gain tax advantages, and avoid probate. You should consider a trust when you:
- Have significant financial assets or property
- Have family members with special needs
- Want to distribute assets to charitable groups or religious organizations
- Want to protect your privacy
- Need to preserve assets for minor children
- Have major life changes
How Can a Trust Lawyer Help Me?
An experienced lawyer can give you the backing you need to navigate the legal system and find the best possible results for your case. Because laws are different from state to state, speaking with a lawyer in New Jersey is critical in understanding all the elements of your situation and making the best decisions when it comes to your estate planning. A trust lawyer can help with:
- Trust creation
- Asset management and protection
- Estate planning
- Trust administration
- Modification or termination of your trust
- Trust disputes and litigation
What Could Happen if I Don’t Hire a Trust Lawyer?
If you don’t hire a trust lawyer, your assets will pass under New Jersey probate laws. Probate can tie up your assets for months or years. If your beneficiaries are fighting over the assets, it can take longer and cost your estate money. With a trust, the property can pass outside of probate. You can also have more control over what happens to your estate after death. If you don’t have a trust, your loved ones may have to deal with:
- Estate taxes
- Delays in probate
- Fighting legal challenges over assets and property
- Property passing through intestacy
What Are the Top Questions When Choosing a Trust Lawyer in Ewing?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your trust case. Many trust and estate lawyers offer consultations that allow you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What type of trust is most suitable for my situation?
- What are the benefits and drawbacks of creating a trust?
- How can a trust be used to address my specific concerns or goals?
- What is the process for creating and funding a trust?
- How will the trust be administered?
- What are the potential tax implications associated with a trust?
- How much will all of this cost?
Tips for Hiring a Trusts Lawyer
Taking the time to find a lawyer who is right for you and will represent your best interests is an important first step in protecting your finances. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts