As a New Jersey woman, you may be wondering how you can create an estate plan that will successfully serve the needs of your financial holdings. Experts say that although estate planning tools look the same for both genders, women may have some different considerations simply because they tend to live longer. Further, women are more likely to become custodial parents, so additional factors weigh in their estate planning decisions.
For many New Jersey residents, estate planning may not be so difficult. Many have children, grandchildren and younger siblings, so deciding which beneficiaries to pass down assets to is a piece of cake. However, many older Americans have no children or come from small families and because of this, they may have trouble finding heirs for their assets.