Gruccio, Pepper, De Santo & Ruth P.A.
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In estate planning, communication is key

Creating an estate plan is for the loved ones who will be left behind after a death. Therefore, it is important to consider not only a person's own wishes, but how those choices might affect their family. New Jersey residents should pay careful attention to the details of their estate planning and be sure to communicate important choices with their loved ones.

It is common for people to base many of their choices on family hierarchy, but this approach does not work for selecting the correct executor. Being an executor requires impeccable organizational skills, responsibility, and unwavering ethics, so choosing the oldest child or closest friend is not always a good idea. Instead, individuals should carefully select their executor based on ability, and then communicate the reasons behind that choice with loved ones.  Understanding why a person trusts their executor may help others trust them as well.

Skipping the eldest child when choosing an executor is not the only situation that people might view as unfair. Unequal inheritances can also stir up anger and questions. Parents who choose to leave inheritances based on what the needs of their individual children are certainly is their right to do so, but explaining why ahead of time can give any resulting anger or resentment time to cool and fade away. If an heir discovers that he or she received less than his or her siblings only after their parents' deaths, the results may not be pretty.

Even thinking about death can be uncomfortable for many people in New Jersey, so the idea of actively talking about estate planning with their loved ones may seem out of the question. However, for those who have already put in the time to making careful, measured decisions regarding their plan, communication is key. When everyone understands a person's final wishes, and the reasons behind them, the process of administering an estate can proceed much more smoothly.

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The Law Offices of Gruccio, Pepper, DeSanto & Ruth, P.A.
817 East Landis Avenue
Vineland, New Jersey 08360

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