Best Lawyers in New Jersey, United States for Trusts and Estates
Practice Area Overview
Are you ready to take control of your legacy and your family’s future? Working with an experienced estate attorney in New Jersey can make all the difference. Whether you’ve only begun to explore trust law in South Jersey, trying to understand New Jersey living trust law or navigating the Garden State’s unique inheritance tax laws, proper planning is key to preserving your wealth and minimizing tax liabilities.
Estate Planning in NJ
If you’ve been online querying “trust law South Jersey” or “estate attorney NJ,” you’re in good company. Estate planning is a priority for many New Jersey residents and local attorneys specialize in crafting personalized solutions for everything from modest estates to multi-million-dollar portfolios. Their expertise is essential, particularly given the unique local factors you’re likely to confront on your estate planning journey, such as:
- Inheritance Tax: Unlike many other states, New Jersey imposes an inheritance tax based on the beneficiary’s relationship with the deceased. A good estate attorney in New Jersey can help reduce this burden.
- Probate Challenges: Court backlogs can make the probate process both time-consuming and costly. However, by working with an experienced New Jersey estate attorney, you can establish mechanisms to simplify probate or avoid it altogether.
When and Why Should You Contact a Trust or Estate Attorney?
Many individuals delay contacting a trust and estate attorney until a pressing need arises. However, advanced planning can go a long way toward helping you and your family avoid complications and even conflicts down the road. Some reasons you might Google "estate planning NJ" or "estate lawyer NJ" include:
Drafting a Will
A Last Will and Testament is arguably the most fundamental element of an estate plan. Without one, your hard-earned assets may not be distributed according to your wishes, leaving room for conflict among family members.
Establishing Trusts
Trusts allow the management and distribution of assets both during your lifetime and after you pass. Depending on the type, a trust can confer valuable benefits, including probate avoidance, asset protection and tax advantages.
Minimizing Tax Burdens
While New Jersey no longer imposes an estate tax, state inheritance taxes may still apply. The amount due varies greatly depending on the beneficiary's relationship to you and the value of the assets they receive.
Asset Protection
It’s only natural to want to protect your assets for yourself and your family for years to come. An estate planning lawyer in NJ can help you establish legally sound safeguards to ensure your assets remain secure and available, protected from liabilities and creditors.
Planning for Incapacity
New Jersey law permits the creation of living wills and durable powers of attorney, providing a reliable way to manage your medical, personal and financial matters if illness or disability ever leaves you unable to do so yourself.
Major life events—like marriage, the birth of a child, purchasing significant property, retirement or even relocating to New Jersey—are ideal opportunities to review your estate plan or begin preparing for the future. A skilled New Jersey estate planning attorney can help you create thorough, well-crafted documents that address potential challenges before they occur, giving you peace of mind and confidence in your plan.
Understanding Living Trusts and Other State-Specific Planning Tools
New Jersey law permits the creation of various types of trusts, including charitable trusts, spendthrift trusts, special needs trusts and life insurance trusts among others. Living trusts are among the most popular and flexible.
What is a Living Trust?
Living trusts in NJ allow you to manage your assets throughout your lifetime and seamlessly pass them on to beneficiaries upon your death. New Jersey living trust law permits two main types of trusts:
- A revocable living trust allows you to retain control and modify the trust during your lifetime.
- An irrevocable trust offers more asset protection and potential tax benefits but cannot be changed after creation.
An experienced New Jersey estate planning lawyer can fully explain living trusts in NJ and the differences between the various other types of trusts available under state law.
What are the Rules of a Trust?
Regardless of the type, a living trust in NJ—or any other type of trust allowed under state law— must comply with requirements set forth in the New Jersey Uniform Trust Code (N.J. Stat. Ann. § 3B:31-18). This statute outlines essential rules governing the establishment of a trust, such as the grantor's capacity and intent, the designation of beneficiaries and the responsibilities of trustees.
How Do I Put My House in a Trust in New Jersey?
If you want to put your house in a trust, you’ll first need to establish the appropriate vehicle—typically a revocable living trust. This involves drafting a new deed, designating the trust as the property's owner and filing the updated deed with the county clerk. An experienced estate attorney in New Jersey will ensure that the provisions for managing and distributing the property are clearly outlined in the trust document so your wishes are upheld.
Can I Write My Own Trust in New Jersey?
Trust documents are complex legal instruments—even a small oversight can lead to significant issues, including disputes between beneficiaries or challenges to the trust's validity. A New Jersey estate planning attorney will ensure your trust complies with all applicable state laws and accurately reflects your specific wishes.
Is It Better to Have a Trust or Will in New Jersey?
Choosing between a trust and a will in New Jersey depends on your goals. Wills work well for basic estates but require probate, a public and time-consuming process. Although more complex and costly to establish, trusts allow you to avoid probate and may offer other benefits, such as protecting assets from creditors.
Finding Exceptional Legal Expertise in New Jersey
Selecting the right New Jersey estate planning attorney is the first step in securing your legacy. However, simply Googling “trust law South Jersey” or “estate attorney New Jersey” might not be the best way to narrow down your choice. That’s where Best Lawyers comes in — a trusted resource with more than four decades of experience in legal peer-review publications.
Why is Best Lawyers considered the gold standard by both clients and lawyers alike?
- Robust Peer Review: Lawyers are selected through in-depth, confidential surveys involving tens of thousands of legal professionals. Recognition is only given to those who receive consistently positive peer reviews and they must continue earning those votes to maintain their annual rankings.
- Specialized Focus Areas: Filters by area of expertise, such as “trust law South Jersey”, “living trust in NJ” or “estate planning NJ” to find someone uniquely qualified for your specific needs.
- Recognized as a Significant Honor: Regarded as a prestigious achievement by both clients and legal professionals, ranking by Best Lawyers is a mark of trust and excellence that distinguishes attorneys who excel in their field.
Start Your Estate Planning Journey Today
Securing your family’s future and setting up legally sound trusts demands the expertise of a skilled estate planning attorney in New Jersey.
Don’t rely on internet guesswork—connect with trusted, fully vetted legal professionals on Best Lawyers. Start your search today.
Family Law Legal Guide 2025
View Legal GuideSelect a city from the list below to find the best legal talent for your needs.
Cities
Our Methodology
Recognition by Best Lawyers is based entirely on peer review. Our methodology is designed to capture, as accurately as possible, the consensus opinion of leading lawyers about the professional abilities of their colleagues within the same geographical area and legal practice area.
The Process
Best Lawyers employs a sophisticated, conscientious, rational, and transparent survey process designed to elicit meaningful and substantive evaluations of the quality of legal services. Our belief has always been that the quality of a peer review survey is directly related to the quality of the voters.