Signing of Last Will & Testament and Post Signing Activity

MAY I CHANGE MY CURRENT WILL?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.A portion of your Will and Estate Planning can be deducted on your income tax return when it deals with tax planning. Thus, part of the fee is tax deductible for income tax purposes.THE FOLLOWING IS A SAMPLE OF A VARIETY OF CLAUSES AND ITEMS WHICH KENNETH VERCAMMENS LAW OFFICE OFTEN INCLUDES IN A WILL1ST: DEBTS AND TAXES2ND: SPECIFIC BEQUESTS3RD: DISPOSITION TO SPOUSE4TH: DISPOSITION OF REMAINDER OF ESTATE5TH: CREATION OF TRUSTS FOR SPOUSE6TH: CREATION OF TRUST FOR CHILDREN7TH: OTHER BENEFICIARIES UNDER 218TH: EXECUTORS9TH: TRUSTEES10TH: GUARDIANS11TH: SURETY OR BOND12TH: POWERS 13TH: AFTERBORN CHILDREN14TH: PRINCIPAL AND INCOME15TH: NO ASSIGNMENT OF BEQUESTS16TH: GENDER17TH: CONSTRUCTION OF WILL18TH: NO CONTEST CLAUSEKenneth A. Vercammen is an Edison, Middlesex County, NJ trial attorney who has published125 articles in national and New Jersey publications on business and litigation topics. 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. His articles have been published by New Jersey Law Journal, ABA Law Practice Management Magazine, and New Jersey Lawyer. 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. He has served as a Special Acting Prosecutor in nine different cities and towns in New Jersey and also successfully handled over One thousand Municipal Court and Superior Court matters in the past 12 years. 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.comKENNETH VERCAMMEN & ASSOCIATESATTORNEY AT LAW 2053 Woodbridge Ave.Edison, NJ 08817 (Phone) 732-572-0500 (Fax) 732-572-0030 website: www.njlaws.com