Many New Jersey residents have seen media coverage of the generous gift that former basketball coach Dean Smith left for the players he worked with over the years. Smith, who is widely considered one of college basketball's most beloved coaches, used a revocable trust...
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Month: March 2015
Without current beneficiary information, probate court decides
On Behalf of The Manna Helmy Law Group | Mar 28, 2015 | Probate
Organization and periodic review are two topics that should always be associated with the creation and maintenance of a proper estate plan. Without these two practices, it is all too easy for the wishes of a New Jersey resident to fall by the wayside. Over the course...
Seek cohesion within estate planning efforts
On Behalf of The Manna Helmy Law Group | Mar 26, 2015 | Estate Planning
When planning for the distribution of one's assets upon death, many New Jersey residents make the mistake of taking a piecemeal approach to the matter. They may draft a will in which they outline how they would like their assets to pass to the designated heirs, which...
Estate planning is a marathon, not a sprint
On Behalf of The Manna Helmy Law Group | Mar 22, 2015 | Estate Planning
When many New Jersey residents complete their estate planning packages, they feel overwhelming senses of relief at having handled such an important task. Often, they then place those documents into safes or file cabinets and move on to other projects. It is important...
Providing for pets during estate planning
On Behalf of The Manna Helmy Law Group | Mar 20, 2015 | Estate Planning
Many New Jersey residents consider their pets as members of the family and would go to great lengths to ensure that they are happy and healthy. However, many fail to consider what would happen to their beloved animals in the event of the owner's death. Including pets...
Charitable giving and estate planning options
On Behalf of The Manna Helmy Law Group | Mar 13, 2015 | Estate Planning
Many New Jersey residents have a long history of giving their time and money to various charities. It comes as no surprise that those same individuals would like to include their favorite charitable organizations within their estate planning. There are also a number...
Factoring risk of divorce into estate planning and trusts
On Behalf of The Manna Helmy Law Group | Mar 11, 2015 | Estate Planning
The creation of a comprehensive estate plan is in effect a gift that an individual gives to his or her loved ones. By carefully structuring the means by which assets will be distributed after one's death, a great deal of stress and turmoil can be reduced for those...
Estate planning tips to help avoid family conflict
On Behalf of The Manna Helmy Law Group | Mar 4, 2015 | Estate Planning
When a loved one passes away, those left behind are often very distressed. This is a time when emotions and tensions run high, and when conflict between family members in New Jersey can easily flare up. When it comes to estate planning, there are several tips that...
Blended families have unique estate planning needs
On Behalf of The Manna Helmy Law Group | Mar 2, 2015 | Estate Planning
The shape of the American family is not what it was in generations past. Today's families in New Jersey and across the nation are often comprised of a blend of children from the current and previous unions. This diversity makes family life far more complex and...
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