The New Jersey Last Will and Testament can be adopted to make the decision in advance how a man or woman’s estate will be managed when he or she dies. The legal document defines how the certain person’s possessions will be distributed and who will supervise of the dispensation. The New Jersey Last Will and Testament is matched for individuals and couples with total assets (including life insurance and retirement plans) of less than the exemption threshold for the federal estate tax, which is presently $11,580,000 for a single specific person and $23,160,000 for a wedded couple.
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