New Jersey's Best Estate Planning & Probate Lawyer / Attorney in NJ
With many years of law experience
New Jersey's Leading Estate Planning Attorney & Probate Lawyer
WE ARE MORGAN LEGAL GROUP PC
WORKING WITH YOU AND FOR YOU
At Morgan Legal Group PC, our expert team is leading the way for quality legal care within New Jersey. We’re guided by a set of core principles that have placed our firm at the forefront of New Jersey’s legal field: dedication, personalized assistance, and excellence. These values have paved the way for our continued delivery of top-quality informed legal counsel. Our group is comprised of professional legal experts with years of experience and total commitment to providing the best service to you, our clients. At Morgan Legal Group PC, we believe in the personalized care of each and every person that seeks our help. Our approach to individualized legal assistance allows for clients to come to us with any questions or concerns they may have, whether the matter requires immediate attention or not. In addition, we make sure that your inquiries are addressed in a timely manner. A strong and supportive alliance between clients and counselors is a cornerstone of our shared success. We firmly believe that working for you and alongside you are fundamental parts of what makes us the first choice for legal services in New Jersey. Get the best team in New Jersey behind you with Morgan Legal Group PC.
Morgan Legal Group PC
WE'RE BY YOUR SIDE FROM START TO FINISH
For years, we at Morgan Legal Group PC have stood alongside our clients all across New Jersey and handled their legal affairs from beginning to end. We take pride in continuing this commitment to complete and thorough service for our clients. Part of our success as a law firm lies within our unwavering integrity and dedication. From the moment you come to us for counsel, you can rest assured that we will see your case through to the end with optimal results. It doesn’t matter what stage you are at in any legal matter. Whether you come to us with questions about a will or if you are trying to bring estate proceedings to a close, we’ll be there to find the best solution for you with the utmost professionalism and efficiency. If you want a team that is going to deliver a strong legal support system from start to finish, Morgan Legal Group PC is here for you.
WE WILL TAKE ON ANY ISSUE OR DISPUTE FOR YOU
Morgan Legal Group PC is made up of the finest legal professionals in New Jersey. This is why we can say, with the utmost confidence, that we can handle any issue or conflict that is brought to our team. Our attorneys, lawyers, and legal assistants offer the best legal representation in every area of the law. The range of our specialty includes wills and trusts, asset protection, estate planning, elder law, Medicaid planning, probate, business planning, as well as guardianship among many others. If you are going through a dispute with another individual or institution, or need help with a legal matter, we’ll be there to provide you with top legal counsel and assist you through the proceedings. No issue or conflict is out of our domain of legal expertise. Moreover, we’re available to handle any immediate concerns or questions you may have the same day or at your earliest convenience. We believe our clients, no matter what their situation may be, are entitled to receive help from the best legal team New Jersey has to offer.
What People Say About Us
Great elder law attorneys. Our family lawyer recommended them to me. They helped me tremendously when Dad died so I could set up Mom's remaining money so she can someday apply for Dad's veteran's benefits. No easy feat. They were very patient and explained everything well. Worth the money for sure. Available for advice whenever I need it..Richard Joel12/5/2019
“Starting a business is really stressful. You’ve got to take risks but at the same time you have to think twice or you’ll go bankrupt in no time. Luckily Russel Morgan helped me with asset protection and, well, now I feel like he untied my hands. I can take risks and I know that I won’t have to sleep outside if something bad happens.”BRENDAN MURPHY12/27/2018
“Nowadays it’s hard to find a law firm which you can trust and which can actually do what they promise to do. However, Russel Morgan has made me a believer that I can rely on their help for business litigation. Even though our negotiation process against an ex- partner’s company was very tough, my company would not have been successful without Russel Morgan’s dedication to success.ANNA B.8/31/2018
“Russel Morgan's attention to detail was astounding. He scoured every single document when we were buying a home and made sure we weren't getting scammed. I never knew that lawyers could be so proactive and dedicated to providing the best possible service.”JAMES C.12/14/2018
Pleasure working with Morgan Legal Group. You can see that Russel Morgan and his staff care for their clients. They answer any question you may have almost immediately. They have helped my company to buy real estate for our own office and they continue consulting us on different problems we face. Hope to continue working together for many years to come!JOHNSTON HOWARD12/24/2018
YOU DESERVE EXPERIENCE
Over the years at Morgan Legal Group PC, we’ve hired only individuals with the utmost professionalism and expertise within the legal field. Since the beginning of our firm’s opening, we’ve held the highest expectations of our team members because we are dedicated to providing you, our clients, with nothing but the best legal assistance in New Jersey. Morgan Legal Group PC has established itself as a prominent legal firm that is able to serve at the highest caliber. Our team’s place as one of the leading firms in New Jersey is due to the fact that we continue to demand excellence from our lawyers and that year after year, they continue to exceeded those demands. Ours is a history of dedication, personalized assistance, and excellence. One of our top goals is to remain the stewards of these core principles and persist in delivering the very best service to our clients. Don’t settle for subpar legal services when you can have experience and expertise behind you every step of the way.
Important Things You Should Know
Questions And Answers
Many people are under the mistaken belief that an estate is something only the wealthy have: fancy cars, multiple homes, lucrative investments, etc. However, this is a common misconception based on mainstream ideas regarding what comprises an estate. In reality, anyone who owns property, whether large or small, has an estate. Your bank account, vehicle, house, and even some of your jewelry will all be accounted for in forming your estate when you pass on. Estate planning is the process by which your properties (financial, physical, or intangible) are catalogued and organized in preparation for distribution among beneficiaries. At its most basic, estate planning simply consists of determining what you own and who you want it to go to in the event of your death. Having an estate plan in place can secure the future of your properties as well as minimize taxes and legal fees associated with their allocation.
Don’t pay heed to the prevalent misconception that estate planning is a luxury. It is actually a vital part of preparing for inevitable events such as illness, injury, or death. Though these events may be out of your control, you can control what will become of the properties you’ve accumulated over your lifetime through an estate plan. An estate plan provides legitimate documentation that determines the overall value of your assets, who will be designated as a beneficiary of these assets, as well as the quantitative portion of assets a designated beneficiary will be allotted. Establishing an estate plan may also help cut financial losses as a result of the taxes and legal fees linked to estate proceedings. In addition to this, your estate plan provides a lawful source for your family and attorneys to consult should there be any disputes.
While both a will and estate planning are conduits to securing your finances and assets for the future, each one provides a different means of doing so. Creating a will is an integral part of the estate planning process overall. At the same time, an estate plan can be formed through the creation of a will. A will and an estate plan work in tandem to establish clear guidelines for the allocation of your properties should you pass away. However, the authoritative powers contained within an estate plan go farther by also including arrangements for living conditions as well as medical decisions should you become incapacitated while living. The overlap that occurs between a will and estate plan also holds true for other documents such as powers of attorney, trusts, and health proxies.
The decision to establish either a trust or a will really comes down to a person’s individual circumstances in terms of their current situation and future goals. One key distinction between these documents is that a trust is considered effective upon its creation whereas a will takes effect only in the event of your passing. Another difference between the two is that a trust will cover only those finances and assets that have been transferred into it while a will safeguards any property that is under your name. Both a trust and a will are important resources to have within an estate plan though their roles and advantages may differ depending on what you want to plan out for your future.
When a person dies without a will, it is understood that they have died intestate. At its most basic, intestate simply means that there is no will to validate in a probate court. Subsequently, an individual’s finances and assets are distributed in accordance with the laws of intestacy of their last permanent residence. If you were to die without a will in the state of New Jersey, for example, your properties would be apportioned to your closest relatives such as your spouse, children, or parents. You should also keep in mind that laws of intestacy only cover those assets that would have been included in your will, such as accounts or properties that were under your name.
There are several factors that affect the cost of establishing an estate plan, including your current economic situation, your goals for the future of your assets, as well as your estate planning attorney’s level of experience and expertise. A fair, qualified attorney will be sure to take these variants into consideration when determining a set price for preparing your estate plan. At Morgan Legal PC, we provide our clients with an initial consultation free of charge in order to assess your finances and goals ,and determine a fair payment for whatever estate planning documents you may need.
Setting up a trust that is properly drafted and established comes with numerous benefits for you as well as any beneficiaries you may appoint. A trust takes effect as soon as it’s created. As such, a trust lets you have full control of your assets both before and after your passing, allowing you to distribute finances and assets according to the guidelines you have set down. In addition, a trust can help decrease financial loss from taxes or legal fees by reducing the size of your estate while still protecting valuable assets. Also, a trust comes with the option of appointing a trustee to handle the management of your assets per the instructions you’ve established. One final benefit of placing your finances and assets within a trust is that unlike a will, trusts are not required to go through probate proceedings.
Probate is the term given to the legal proceedings that follow should you pass away and leave a last will and testament. A probate is a standard step that validates your will by having a probate court establish its legitimacy. A part of this is done by attaining legal confirmation that you were indeed mentally competent when you approved the will and its text. Moreover, probate ensures that the appointed agent in charge of managing your estate is lawfully authorized to do so. Probate is a necessary procedure that ensures that the will and its contents were indeed drafted according to your wishes and no one else’s.
When you pass away and leave a will, that will must be submitted to a probate court. One of the main objectives of probate is to prove that it is a valid and legitimate will that was indeed approved and signed by you, the testator and deceased, under competent mental capacities. Probate proceedings are also used to verify whether the agent named in your will to administer your estate is legally authorized to execute their duties and is still willing to do so. At its core, the purpose of probate is to twofold: to verify the authenticity of your will and thereby safeguard you and your beneficiaries from any fraudulent interference or disputes.
If you have a will, it follows automatically that probate proceedings must take place. Usually we think of a will as a fancy document drafted by an estate planning attorney. However, a will can be drawn up from a website or even written by you in plain, simple words. Whatever shape your will takes, you can be sure that it will need to be submitted to a probate court as there needs to be a proper and legal overview of its validity and content. You should also note that the absence of disputes among beneficiaries or the presence of indistinct wording within the text of the will also do not preclude it from undergoing probate proceedings.
A will and a trust both form integral parts of an estate plan and can sometimes operate in tandem with one another. Nevertheless, these are two individual documents that hold distinct functions and objectives under the shared umbrella of estate planning. A will and trust work simultaneously as two separate means of safeguarding your assets. However, the instructions in your will are not applicable until the time of your death and as such, hold no bearing upon your finances or properties until then. A trust, in contrast, takes effect as soon as it is created, meaning that you can begin distributing your assets both before your passing and afterwards. Therefore, should it turn out that there are conflicts contained between your will and trust, the instructions and designations authorized in your trust take precedence over those in your will.
Although a will and trust are usually treated as two distinct legal documents, there is a certain kind of will that works in direct conjunction with the trust set up in the estate plan they both form a part of. This is known as a “pour-over will” and can safeguard remaining assets. If you established a trust at some point in your life, but overlooked transferring your funds and properties into it, a pour-over-will would make it possible to have those assets moved to your trust if they are not appointed to any living beneficiary.