Creating a comprehensive and effective estate plan is greatly aided by using a checklist. Even a simple estate plan is comprised of a number of different documents. While each New Jersey family will have a unique set of estate planning needs, there are a number of...
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Month: July 2015
What is estate planning fatigue and who is affected?
On Behalf of The Manna Helmy Law Group | Jul 25, 2015 | Estate Planning
The process of planning for the distribution of one's assets at the time of death is difficult for many in New Jersey. Aside from the matter of facing the reality of one's own mortality, there are plenty of practical reasons why many prefer to postpone the estate...
New tools for including digital assets within estate planning
On Behalf of The Manna Helmy Law Group | Jul 23, 2015 | Estate Planning
As more and more Americans make use of technology and the Internet, the issue of digital assets has gained greater attention. Digital assets are items of value, including emotional value, that a person creates and stores in the digital realm. This can include...
Estate planning solutions for blended families
On Behalf of The Manna Helmy Law Group | Jul 18, 2015 | Estate Planning
When a New Jersey resident remarries, he or she will take on a new set of family relationships. It is not uncommon for married couples to have a blend of stepchildren and shared children, as well as any number of connections to extended family members. This can create...
Creating a simple estate plan for your pet
On Behalf of The Manna Helmy Law Group | Jul 16, 2015 | Estate Planning
The bulk of estate planning efforts are rightfully focused on passing down accumulated wealth to one's chosen heirs. For many in New Jersey, a different type of relationship is often overlooked when considering these matters. Pet owners very often forget to create a...
Estate planning mistakes older people make
On Behalf of The Manna Helmy Law Group | Jul 13, 2015 | Estate Planning
While it is never a good idea to make sweeping generalizations about groups of people, there are often important lessons to be learned by the choices made by others. When it comes to estate planning, there seem to be certain mistakes that older people make when...
Asset protection and nursing home care
On Behalf of The Manna Helmy Law Group | Jul 11, 2015 | Asset Protection
When structuring an estate plan, the primary focus of many New Jersey residents is a smooth transition of wealth to the loved ones left behind. In many cases, this is a surviving spouse, who will be entrusted to pass on any remaining assets to children and...
Estate planning across the decades
On Behalf of The Manna Helmy Law Group | Jul 9, 2015 | Inheritance And Estate Tax
As a New Jersey resident ages, he or she will have different estate planning needs. Understanding those needs can help ensure that a proper estate planning approach is put to use, and that one's needs are being properly addressed. While there is no such thing as an...
Asset protection by way of a revocable living trust
On Behalf of The Manna Helmy Law Group | Jul 3, 2015 | Asset Protection
When considering estate planning options, New Jersey families are confronted with a large volume of choices, the details of which can be confusing. For most people, estate planning comes down to a few simple goals: asset protection, the smooth transfer of wealth from...
Family-owned businesses and estate tax planning
On Behalf of The Manna Helmy Law Group | Jul 1, 2015 | Inheritance And Estate Tax
For many generations, families in New Jersey and across the nation have turned to their family business as a means of passing down wealth from one generation to the next. Through careful planning, families can use their businesses as a means of portability, giving...
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