The Law Office of Kevin P. Barry can provide estate planning services to both you and your loved ones. Many peple do not know if they need a Will or not. If you own property, have children, have recently been married or divorced, or wish to make a specific bequest to a friend or relative, you should consider making or updating your will. We will work with you to prepare a plan that distributes your property according to your wishes.
Some people wrongly assume that having an estate plan drafted is an expensive, complex undertaking. This is a myth. We help our clients understand what they can expect throughout the planning process and we eplain it in terms that are simple and straight forward and we can work with any budget to draft a will that works best for your situation. Basic estate planning essentially answers these basic questions:
1. Who will get my property when I die?
2. If I become incapacitated, who is going to watch over my care, my children and my assets?
3. If I die, who will care for my children?
Here is a brief description of some of the Estate Planning Documents that we provide:
LAST WILL & TESTAMENT - describes how you would like your property distributed in the event of your death. It appoints an executor who is the person that handles the affairs of the estate, such as paying taxes and other expenses and distributing the assets of the estate. This document can also outline your wishes regarding the guardianship of your children.
LIVING WILL / HEALTH CARE DIRECTIVE - allows you to designate a person to make medical decisions on your behalf if you are unable to communicate your wishes and notifies your health care provider in advance whether you would like artificial life support, if any, if you are ever diagnosed with a terminal or irreversible condition.
POWER OF ATTORNEY - allows you to designate an agent to manage your financial affairs and contract for you. You can restrict the powers of your agent to specific items or time periods. The power of attorney may be revoked at any time and terminates upon your death. It is extremely useful because it allows someone to manage your financial affairs when you are unable to do it yourself.
Please note that our office will only draft Last Wills & Testaments for DISPOSITION PURPOSES ONLY and we will not prepare them taking into consideration any tax considerations. We recommend that you seek the advice of an attorney that specializes in estate planning who is also an accountant or who has an accountant in their office.
Do you have questions about our services?
Contact us at (973) 433-7388 or via our contact form.
Law Offices of Kevin P. Barry, LLC
790 Bloomfield Ave.
Buildng A, Suite 2
Clifton, NJ 07012
10 South Prospect St.
Verona, NJ 07044
Or use our contact form.
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