Many New Jersey readers are familiar with former NBA star Lamar Odom. The 35-year-old athlete has made recent headlines not for his role on the court but, instead, over a series of questionable decisions that have left him in dire medical straits. While Odom has a...
Month: October 2015
Estate planning after sending the kids off to school
On behalf of Michael A. Manna & Associates | Oct 18, 2015 | Estate Planning
When New Jersey parents have sent their last child off to college, there is plenty of cause for celebration. This event is also cause for a review of one's estate planning package. Many people fail to recognize this achievement as a significant life event, one that...
How insurance policies can trigger estate tax
On behalf of Michael A. Manna & Associates | Oct 16, 2015 | Estate Tax
When creating an estate plan, many New Jersey residents consider whether life insurance is a useful tool. Life insurance can provide wealth to the loved ones left behind, and can make it far easier for them to maintain their quality of living as they adjust to their...
Estate planning around an art collection
On behalf of Michael A. Manna & Associates | Oct 10, 2015 | Estate Planning
For those in New Jersey who love and collect art, consideration must be given to how those assets will be handled in the event of the owner's death. Many people spend a great deal of time and money building their collection, which often increases in value over the...
Creating an organized estate planning system
On behalf of Michael A. Manna & Associates | Oct 8, 2015 | Estate Planning
The primary motivation behind creating a comprehensive estate plan is to leave loved ones in New Jersey with a solid level of financial stability. This is accomplished through careful estate planning methods such as the use of trusts and life insurance. However, it is...
A second marriage calls for a second look at estate planning
On behalf of Michael A. Manna & Associates | Oct 2, 2015 | Estate Planning
Gone are the days when the American family took on a standard form, and there is no longer a "norm" when it comes to how families are shaped. Many New Jersey residents will marry more than once and may have children from two or more unions. While there is no longer...
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