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DAVID T. NORRIEWills & Trusts Estate Administration Estate Litigation Guardianship Special Needs Trusts Elder Payphone 9733473347 Fax 9733475488ATTORNEYAT LAW32 Clover hill Place Montclair, New Jersey
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To fill out estate planning, follow these steps:
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- Start by gathering all the necessary documents, including personal identification, financial records, and legal documents.
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- Consider your assets and liabilities, such as real estate, bank accounts, investments, and debts.
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- Decide on your beneficiaries and how you want your assets to be distributed.
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- Choose an executor or trustee who will manage your estate and carry out your wishes.
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- Draft a will, which specifies how your assets should be distributed after your death.
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- Consider creating a trust, if necessary, to protect your assets and provide for your loved ones.
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- Name a guardian for any minor children you have.
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- Designate someone to make medical and financial decisions on your behalf in case you become incapacitated.
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- Review and update your estate planning documents regularly to ensure they reflect your current wishes and circumstances.
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- Consult with an attorney or estate planning professional for guidance and to ensure your documents are legally valid.
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- Finally, keep your estate planning documents in a safe and easily accessible place, and inform your loved ones of their location.

Who needs estate planning - david?

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Anyone who owns assets and wishes to ensure their proper distribution after their death should consider estate planning. This includes individuals with significant financial wealth, real estate, investments, and valuable personal belongings. Additionally, individuals with dependents, such as minor children or disabled family members, may need estate planning to provide for their care and financial security. Estate planning is also important for individuals who wish to minimize taxes, reduce the burden on their loved ones, and have control over decisions regarding their health and finances in case of incapacity.
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Estate planning is the process of arranging for the management and distribution of a person's assets upon their death.
Anyone who owns assets and wishes to have control over how those assets are distributed after their death.
Estate planning documents typically include a will, power of attorney, and health care directives, which can be filled out with the guidance of a legal professional.
The purpose of estate planning is to ensure that a person's assets are distributed according to their wishes, minimize taxes, and avoid family disputes.
Assets, debts, beneficiaries, and instructions for distribution of assets must be reported on estate planning documents.
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