FAQs | Can a Will save me money? | Toms River Attorney | Ocean County Lawyer


Estate Planning Attorneys · FAQs – Estate Planning


Can a Will save me money?

Yes. A properly drafted Will can save your estate money in many areas. First, a Will can save your estate money because it enables you to appoint an executor and therefore allows your estate to be probated through the Surrogate’s Office, as opposed to a potentially expensive court action to have an administrator appointed by the court.

Second, a properly-drafted Last Will and Testament can help save your estate taxes. Third, a Will can waive the requirement that your executor or administrator post and renew a bond until the estate is fully administered. If a bond does not have to be purchased, your estate will have more money to pass along to your loved ones.

If you would like to find out more information about how a Will can save you and your estate money, please contact our Toms River attorneys at Costanzo & Russom Law Group.

NOTE: This page is for general information only and is not to be solely relied upon. Contact a Toms River attorney at Costanzo & Russom Law Group today if you have specific inquiries.

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