J. Jeffrey Press, P.A.
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estate planning Archives

Don't forget about collectibles when estate planning

Whether it is artwork, stamps, jewelry, coins, antiques or more, many people in Parsippany enjoy collecting things. Some people collect many of these items over the course of their lifetime, resulting in a large collection that has not just sentimental value, but financial value as well. Therefore, they may want to think about how they will pass these collections on to their heirs through estate planning.

Can you include a pet in your estate plan?

When people in Parsippany think of their heirs and beneficiaries, they may think of their spouses, children, grandchildren and other loved ones. Therefore, they may execute a will or trust to ensure their loved ones are provided for upon their death. However, what about the other important members of their families -- their pets? A person's dog, cat or other pet also needs to be provided for after its owner dies. Fortunately, there are steps a person can take to ensure their animal companions are taken care of if they outlive their owners.

When having a will isn't enough for your estate plan

Many Parsippany residents may have already gone through the process of drafting a will. After doing so, they may consider their estate planning duties to be complete and will take no further action. However, what they may not realize is that a will is just one component of a well-rounded estate plan.

J. Jeffrey Press, P.A.
8 Wood Hollow Road
Plaza Level - Suite 2A
Parsippany, NJ 07054

Phone: 973-323-2654
Fax: 973-288-2070
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