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Formerly Michael A. Manna & Associates
Formerly Michael A. Manna & Associates
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From a time-based perspective, the soon-to-be-reinstated estate tax is just around the corner. By any other standard of measurement, the details regarding the federal estate tax, its exemptions and demands are anything but clear. At this point, if Congress does...
Earlier this month, a Texas probate judge turned down a bid by Darla Lexington to stop the sale of five classic cars from her husband's collection - cars, she said, had been meant for her. The problem was that none of this was in writing. The wife (by all...
Advance care directives are detailed requests for specific medical treatment, or the withholding of certain treatment, in the event that you become disabled and are not capable of giving such direction. If you become terminally ill or are seriously injured, your...
Your estate plan is yours and yours alone. What you put in your will or the rules you designate for end-of-life care are only beholden to your discretion. Still, many times it pays to share your decisions and plans with the members of your family who will be affected...
As discussed last week, the federal estate tax is not the only tax to consider when planning your estate. New Jersey also levies an estate tax, as well as a tax on certain assets that are passed on after death. This second tax is referred to as an inheritance tax.The...
Much in the same way estate planning can help you prepare for your financial future, nursing home planning can help you prepare for future living situations and specific healthcare needs. When you become unable to live alone and care for yourself, you and your family...
Estate planning is extremely important for those hoping to retire in comfort, as well as protect and pass on assets to loved ones. Estate planning, while legal in large part, also has a more accessible side. You cannot do everything on your own, but you can do some...
The federal estate tax is coming back in 2011; do you know where your money is going? Did you know that New Jersey also levies an estate tax? Much focus has been spent on the currently absent, but pending, federal tax. However, New Jersey has its own tax on assets. In...
