Estate Planning: Still a Must Do!

New Jersey Estate Planning

As of January 1, 2018, there is no estate tax in New Jersey. This means that your heirs will not have to pay to New Jersey a tax based on the value of your estate.  Many people mistakenly believe that because the estate tax was alleviated that they no longer need to do any estate planning or even have a will. However, at minimum, an individual should have a Power of Attorney, Advanced Directive and a Last Will and Testament.