Many Americans have the enviable ability to learn from the mistakes made by others, and apply that knowledge to their own lives. In this way, we can often avoid making similar mistakes, which can save a great deal of time, money and effort. When it comes to estate...
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Month: March 2014
Estate Planning: Time is of the essence
On Behalf of The Manna Helmy Law Group | Mar 27, 2014 | Estate Planning
When it comes to planning one's estate, it often seems as though tomorrow is an excellent time to begin. The urge to delay this important task can be based on a number of factors, not the least of which is a lack of desire to consider one's own demise. However, estate...
Even a simple estate plan could need a ‘tune-up’
On Behalf of The Manna Helmy Law Group | Mar 21, 2014 | Estate Planning
Many New Jersey residents complete their estate planning documents and then set them aside, comforted by the fact that they have taken the steps necessary to ensure that their wishes are followed by those they will eventually leave behind. However, even the most...
Estate planning should focus on living, now and in the future
On Behalf of The Manna Helmy Law Group | Mar 19, 2014 | Estate Planning
For many in New Jersey, the prospect of planning their estate involves the uncomfortable matter of confronting their eventual death. However, this is a very narrow view of a very broad topic, and one that is not particularly productive. Estate planning is ultimately...
Estate planning safeguards one’s assets in New Jersey
On Behalf of The Manna Helmy Law Group | Mar 16, 2014 | Estate Planning
All their lives, people might be so focused on acquiring wealth and making sure that they have something to pass on to children and loved ones. The problem is that many of these individuals have not engaged in estate planning, which means all that they've worked for...
Life insurance policy an important part of estate planning
On Behalf of The Manna Helmy Law Group | Mar 14, 2014 | Estate Planning
When people are young, they typically are more focused on keeping their jobs and caring for their families than on preparing for death. After all, for many, death is likely decades away. However, some people may unexpectedly come face-to-face with death today, too. It...
Don’t forget about New Jersey estate tax when planning
On Behalf of The Manna Helmy Law Group | Mar 8, 2014 | Inheritance And Estate Tax
The federal estate tax exemption for 2014 is an impressive $5.34 million. Many New Jersey residents believe their estate plans can now be simplified since the majority of people's estates will never reach that level. People believe their estate tax exposure is small,...
Is it possible to avoid probate without a will?
On Behalf of The Manna Helmy Law Group | Mar 6, 2014 | Probate
When considering their estate planning needs, many people who do not have significant financial holdings assume that they have no need for many of the tools offered within the estate planning process. It is true that individuals with a low net worth can avoid probate...
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