201-447-0047

Complete Estate Planning in Ridgewood, New Jersey

Most of us have worked hard to earn and save throughout our lifetimes. Byers & Byers, P.A. is here to ensure that those assets are handled and distributed according to your wishes when you are no longer here to do so. We offer clients complete estate planning customized to meet their needs.

Estate Planning, including Wills and Trusts

We frequently get calls asking, "How much do you charge for a simple Will?" Our answer is usually, "What do you think a simple Will is?" This is because most people need more than a simple Will, but they may not know it. We strive to provide you with a complete Estate plan: a Will (or Revocable Trust) with an estate tax reduction trust and/or a children's sprinkle trust (as applicable), Durable Powers of attorney, Living Wills, and Health Care Proxies. Additionally, we discuss life insurance beneficiary designations, 401(k) and IRA distribution options, optimization of charitable bequests, inter vivos gifting, and credit shelter strategies. In the process of discussing your Estate, we may also discuss the interplay of Medicaid rules as well as the following taxes:
  • Federal Estate
  • New Jersey Inheritance Tax
  • Income
  • Capital Gains
  • Gift
When you eventually leave our office with your executed documents, you will have a broad understanding of every aspect of your potential Estate. If you have any concerns about handling the various taxes and regulations listed above, don't hesitate to contact our team. In addition to bringing attention to Estate taxes, we will educate you about irrevocable trusts, such as:
  • Special Needs Trusts for Children, Parents, or Spouses with Disabilities
  • Asset Protection Trusts to Protect your Heirs from Creditors, Divorce, or Bad Judgment
  • GRATs, CRUTs, and IDGTs
  • Irrevocable Life Insurance Trusts to Pay Estate Taxes and Provide Liquid Assets to Your Heirs
There are many other types of trusts, so please contact us about any of the ones listed above or to find out if there is another type that makes more sense for your needs.

Estate Planning Experience You Can Rely On

Christopher D. Byers received a Masters of Law in Taxation from New York University, concentrated in the area of Estate Taxation, and will put his education and years of experience to work for you. All fees are discussed before we begin work. No pressure tactics are ever used. Here at Byers & Byers, P.A., we understand estate planning can be a daunting task, and we strive to ensure you understand all of your options before executing your documents.