Who Do You Trust to Use Your Pen or Their Voice if You Can’t?

So, you’ve decided to create an estate plan, but you don’t know who to put in charge of your care and your assets.

Or, you haven’t decided to create an estate plan – because you don’t know who to put in charge of your care and your assets.

So, let’s discuss it!

Who do you trust to use your pen, and their voice, for your benefit if you cannot?

Who do you trust to manage your estate, or trust for your beneficiaries, after you die?

Do you trust the kid who has shown financial prowess since their teen years (refer to birdie with a straight neck on the left), or the kid who lives a carefree life while you await their “I FINALLY know what I want to be when I grow up!” epiphany (refer to birdie with the crooked neck on the right)? We know. It’s a very difficult decision.

Did you know, in New Jersey, you can appoint more than one person to serve as your Agent at the same time under a financial and legal Power of Attorney? This way, if you feel it’s prudent, you can appoint someone to serve with that kid you think might need a little guidance and shared duties in the role.

On the other hand, did you know, in New Jersey, you cannot appoint more than one person to serve at the same time as your Healthcare Representative? Different rules apply for different planning instruments.

When it comes to appointing your Executor, Successor Executors, Trustees, and Successor Trustees, we’ll talk you through the thought process and obligations these roles bring so you can make the best decisions possible. Our documents provide for as much flexibility as reasonably predictable as time goes by. We’ve developed provisions for a multitude of “what if” scenarios that can occur in the future such as divorce, disability, or death, that would necessitate a change in who serves what role.

Edwards Estate & Elder Law can help you find assurance that you’ve made the right decisions to ensure your care, financial needs and wishes for inheritance will be met.