What is a will and why is it important in New Jersey?

  • Many people are fortunate in their lives to have accumulated or saved some assets.
  • Those assets could be property, real estate, bank accounts, securities, or items of personality, such as jewelry that has some significance, just to name a few.
  • As you get older, you start to think about whom it is you want those assets to pass on to and how you want them to pass.
  • The will tells your heirs, the people who survive you, what your intentions were with respects to the assets you’ve accumulated over the course of your life.
Cohn, Lifland, Pearlman, Herrmann and Knopf LLP