It is impossible to predict the future, but planning for the “what-ifs” of life are crucial. One of the most important actions you can take is to protect your family in the event of a death, divorce, lawsuit or disability by planning your estate. The Khorozian Law Group will help you design an estate plan to fit your needs and the needs of your family for the future.
Based on your particular needs and objectives; from planning for children, reducing tax exposure and drafting a will, our firm provides individual solutions for estates large and small. The Khorozian Law Group represents individuals and families in the creation of estate plans to preserve assets and minimize the impact of estate and gift taxes. We also guide family members and heirs through the New Jersey probate process. We make sure your wishes for your assets are made clear in the event of an illness, injury or death.
More than Just a Will
Most people tend to think of an estate plan as simply a will; however, with the ever growing medical needs of our aging population, estate planning requires additional coverage. Even the best-written will is of little value if one’s assets are depleted in later years by health care costs. An estate plan should address three questions:
- Where do I want my money to go after my death?
- How can I protect my estate and myself if I become disabled?
- Do I want my life to be extended by life support even though a medical event has left me in critical condition without any hope of recovery?
With the help of The Khorozian Law Group, these questions will be answered by considering lawful methods to avoid taxation and to minimize possible nursing home costs. We will help you develop the necessary documents to answer these questions- will, a living will, and power of attorney.
The Khorozian Law Group recognizes that our clients have different personal and financial backgrounds that must be evaluated to ensure that their assets are well protected during their lifetime and beyond. Whether a client has a taxable estate, a small business or a disabled beneficiary with special needs, we will help you design an estate plan specifically to meet your needs. Call our office today to start planning your future (201) 944-9200.