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Consider giving through a trust this holiday season

Thanksgiving is over and retailers are still counting their sales totals from a hectic Black Friday. Here in Camden, New Jersey, individuals are now focusing on the upcoming holidays. Many of those celebrations involve giving gifts to family and friends. While some people will choose to give traditional, tangible presents wrapped up with paper and bows, others will look for different options that delay giving to a later date.

Estate planning can be a way that a New Jersey resident can provide for his family long after he has passed on. Wills can provide specific bequests to loved ones and can pass items of property and wealth directly to those individuals the decedent wished to bequeath them to. Trusts, however, can establish particular conditions through which an individual can pass property and wealth to others and that can protect those assets from tax and other legal implications.

Estate planning is an effective way to give to others. Having one's estate in order can provide loved ones with security and financial support in the future. Though not all individuals are able to leave large inheritances to their relatives, a good estate plan can make sure that the assets a decedent does leave behind are well managed and safely protected.

The attorneys of the Donnelly Ritigstein Law Offices are prepared to help you set up a successful estate plan. By making important decisions about your property and wealth now you can avoid later planning problems down the road. Give your family members security this holiday season by setting up a will, a trust or other tools to effectuate your personal estate plan.

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