QUESTION
is a revocable trust a good idea in New Jersey
Asked on Jun 22nd, 2016 on Trusts and Estates - New Jersey
1 ANSWER
2 Awards
It can be unders certain circumstances, but generally it is not necessary. In many states a revocable trust makes sense to avoid probate. In New Jersey there is no reason to avoid probate because it is inexpensive and easy. You will need to discuss your circumstances with an Elder Law attorney to determine if a revocable trust is right for you.
Answered on Jun 23rd, 2016 at 5:42 AM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship