Wills and Power of Attorney available for
members of Hyatt Legal Plan
The Law Office of Kenneth Vercammen was
selected to serve as a New Jersey Access Attorney for Hyatt Legal Plan and several
other major national legal service plans. We prepare Wills, Powers of Attorney
and Living Wills for members.
Why a Will
is essential to persons with children or who own property
If you
leave no Will or your Will is declared invalid because it was improperly
prepared or is not admissible to probate:
* State law determines who gets
assets, not you
* Additional expenses will be incurred
and extra work will be required to qualify an administrator-Surety Bond,
additional costs and legal fees
* Judge determines who gets custody of
your children
* Possible additional State
inheritance taxes and Federal estate taxes
*
If you have no spouse or close relatives the State may take your
property
* The procedure to distribute assets
becomes more complicated
*
It may also cause fights and lawsuits within your family
When
loved ones are grieving and dealing with death, they shouldn’t be overwhelmed
with financial concerns.
Who
don’t you want to receive your assets?
Who is
not the best choice to raise your children, or safeguard your children's money
for college? Do you want children, or
grandchildren, to get money when they turn 18?
Will they invest money wisely, or go to Seaside and play games?
What
Hyatt members can do to get started…
Hyatt
members should call Hyatt legal at 800.821.6400 to obtain an authorization numbers
for each Will, Power of Attorney, Codicil and Living Will you want.
Members
can also obtain authorization numbers online at https://members.legalplans.com/Home/
You can always
call Hyatt Legal Plans Monday through Thursday 8-7 and Friday 8-6 Eastern Time
for assistance and information about your legal plan.
After obtaining an authorization number,
call Kenneth Vercammen’s Law Office for a free confidential consultation and
preparation of Wills and estate planning documents- all free to Hyatt members
A Will must not only
be prepared within the legal requirements of the New Jersey Statutes but should
also be prepared so it leaves no questions regarding your intentions.
WHY PERIODIC
REVIEW IS ESSENTIAL
Even
if you have an existing Will, there are
many events that occur which may necessitate changes in your Will. Some of these are:
* Marriage, death, birth, divorce or separation
affecting either you or anyone named in
your Will
* Significant changes in the value of your total
assets or in any particular assets, which you own
* A change in your domicile
* Death or incapacity of a beneficiary, or death,
incapacity or change in residence of a named executor, trustee or guardian of
infants, or of one of the witnesses to the execution of the Will
* Annual changes in tax law
* Changes in who you like
If you have a current Will, can you change it the
next year?
Yes. A Will may be modified, added to, or entirely
changed at any time before your death provided you are mentally and physically
competent and desire to change your Will.
You should consider revising your Will whenever there are changes in the
size of your estate. For example, when your children are young, you may think
it best to have a trust for them so they do not come into absolute ownership
of property until they are mature. Beware, if you draw lines through items,
erase or write over, or add notations to the original Will, it can be destroyed
as a legal document. Either a new Will
should be legally prepared or a codicil signed to legally change portions of the Will.
THE
FOLLOWING IS A SAMPLE OF A VARIETY OF CLAUSES AND ITEMS WHICH KENNETH VERCAMMEN’S LAW OFFICE OFTEN INCLUDES
IN A WILL
1ST:
DEBTS AND TAXES
2ND: SPECIFIC BEQUESTS
3RD:
DISPOSITION TO SPOUSE
4TH: DISPOSITION OF REMAINDER OF
ESTATE
5TH: CREATION OF TRUSTS FOR SPOUSE
6TH: CREATION OF TRUST FOR CHILDREN
7TH: OTHER BENEFICIARIES UNDER 21
8TH: EXECUTORS
9TH: TRUSTEES
10TH: GUARDIANS
11TH: SURETY OR BOND
12TH: POWERS
13TH: AFTERBORN CHILDREN
14TH: PRINCIPAL AND INCOME
15TH: NO ASSIGNMENT OF BEQUESTS
16TH: GENDER
17TH: CONSTRUCTION OF WILL
18TH:
NO CONTEST CLAUSE
Kenneth A. Vercammen is an Edison, Middlesex
County, NJ trial attorney who has published125 articles in national and New
Jersey publications. He is co-chair of the Probate & Estate Planning
Committee of the American Bar Association, Solo Division. He often lectures to
trial lawyers of the American Bar Association, New Jersey State Bar Association
and Middlesex County Bar Association.
He is a highly regarded lecturer on litigation issues for
the American Bar Association, ICLE, New Jersey State Bar Association and
Middlesex County Bar Association. New Jersey Law Journal, ABA Law Practice
Management Magazine, and New Jersey Lawyer have published his articles. He is the Editor in Chief of the New Jersey
Municipal Court Law Review. Mr. Vercammen is a recipient of the NJSBA- YLD
Service to the Bar Award.
In his private practice, he has devoted a substantial
portion of his professional time to the preparation and trial of litigated
matters. He has appeared in Courts
throughout New Jersey several times each week on Criminal personal injury
matters, Municipal Court trials, and contested Probate hearings. He serves as the Editor of the popular legal
website www.njlaws.com
KENNETH VERCAMMEN & ASSOCIATES
ATTORNEY AT LAW
2053 Woodbridge Ave.
Edison, NJ 08817
(Phone) 732-572-0500
(Fax) 732-572-0030
website: www.njlaws.com
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