New Jersey Estate Planning Attorney Christine Matus Explains Intestate
New Jersey estate planning attorney Christine Matus releases a new article (https://matuslaw.com/what-is-intestate-in-new-jersey/) explaining what Intestate is. The lawyer mentions in the article that many people would think that once they pass away, their estate will be passed on to the family members that they want to give it to. This may be true to some degree, however, without a will, there is no guarantee that the family estate will be given to the remaining family members.
According to the New Jersey estate planning attorney, “The term intestate simply means dying without a will. In New Jersey, if you die without a valid will in place, your estate is subject to what is called intestate succession, or the way the state has decided your estate will be distributed.”
The lawyer also mentions that New Jersey intestate law will dictate who will be able to inherit the estate if there’s no will in place. This succession will be based on what the law will determine as the most common and amenable way to distribute the assets and properties to the heirs.
In the article, the attorney discusses that according to the intestate law in New Jersey, if someone dies without a spouse, the children of that person will inherit everything. If there are no children or living parents, but the person has a surviving spouse, then the spouse will inherit everything. In the same manner, if there are surviving parents but no surviving spouse or children, the parents inherit everything.
Aside from the aforementioned, the estate planning lawyer mentions that the interstate can go on to provide for grandparents, grandchildren, and stepchildren. In cases where there are no other surviving relatives, the state will inherit the estate.
Furthermore, the lawyer adds that an intestate succession may sound like a practical choice. However, there are ways where it can also go wrong. One example she gave is when someone has raised stepchildren as their own. Intestacy succession may not be able to provide for the stepchildren once the step-parent is gone.
Attorney Christine Matus says, “Even if your wishes basically reflect that of the state’s intestate succession, having it clearly and concisely defined in a will can avoid the expense and delay caused by having to locate heirs or having your estate subject to possible litigation.”
Lastly, attorney Matus emphasizes that it’s very important to prepare a will as it is one of the most foundational ways to ensure that someone’s wishes will be carried out after they die.
About The Matus Law Group
The Matus Law Group's legal team helps families and individuals in special needs and estate planning matters. They offer efficient and beneficial service with a team approach. They have a team of lawyers who have deep compassion and are skilled enough to offer personalized, attentive support to their clients. Call them today at (732)-785-4453.
For more information about Matus Law Group - Monmouth County, contact the company here:
Matus Law Group - Monmouth County
125 Half Mile Rd Red Bank, NJ 07701