Benefits of a Simultaneous Death Clause

Most people in New Jersey do not expect to die at the same time as their spouses. Therefore, estate plans may not take the possibility of simultaneous death into account. However, fatal car accidents and other tragedies can result in two family members dying at the same time, and these events may complicate the deceased parties’ estate plans.

The couple or related family members, however, may have their own wishes. Working with an estate planning lawyer in New Jersey helps to cover all bases and ensure that your documents reflect your desires. While it may be impossible to predict the future, the more steps that you can take to protect yourself and your loved ones, the better.

 

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Shah & Associates, P.C. Estate Planning & Elder Law Blog