Let Our Attorneys Provide The Legal Help Your Family Deserves
On Behalf of The Manna Helmy Law Group | Oct 21, 2013 | Inheritance And Estate Tax
Although the Supreme Court decision ruled that the Defense of Marriage Act was unconstitutional and that same-sex spouses would be eligible for the same federal benefits as opposite-sex spouses, the confusion is not over. The Internal Revenue Service and the Treasury...
On Behalf of The Manna Helmy Law Group | Oct 4, 2013 | Inheritance And Estate Tax
Good news for the wealthy or the particularly comfortable was just released by the federal government. In 2014, individuals in New Jersey and across the country will be able to add an extra $90,000 free from federalestate tax to the amount that they are allowed to...
On Behalf of The Manna Helmy Law Group | Sep 4, 2013 | Inheritance And Estate Tax
New Jersey same-sex couples may be interested in new policies from the Internal Revenue Service that may open up new avenues for smart estate planning. The Treasury Department announced on Aug. 29 that the IRS will now recognize legal same-sex marriages for the...
On Behalf of The Manna Helmy Law Group | Aug 23, 2013 | Inheritance And Estate Tax
Many New Jersey residents may be wondering about how the recent changes to law relating to estate taxes, also known as the "death tax," may affect them. The good news is that the majority of people will not be impacted by changes to the estate tax, and a large number...
On Behalf of The Manna Helmy Law Group | Aug 14, 2013 | Inheritance And Estate Tax
New Jersey residents might be interested to hear that when there are unpaid taxes on an estate, this can end negatively for beneficiaries. According to a recent decision rendered by the U.S. District Court for the Southern District of Florida in one case, an inter...
On Behalf of The Manna Helmy Law Group | Aug 5, 2013 | Inheritance And Estate Tax
New Jersey residents may be interested to learn of two techniques available for shielding certain assets from estate tax. In an online article, a tax expert offered advice about how to use the 2013 American Taxpayer Relief Act to chart a plan for intelligent estate...
On Behalf of The Manna Helmy Law Group | Jul 31, 2013 | Inheritance And Estate Tax
The federal estate tax law has a portability provision; that is, it allows the transfer of the federal estate tax exemption from the decedent to the surviving spouse. If the correct estate tax planning steps are taken, residents of New Jersey might be able to double...
On Behalf of The Manna Helmy Law Group | Jul 23, 2013 | Inheritance And Estate Tax
A few weeks ago, the death of New Jersey native and Sopranos actor James Gandolfini stunned his family, friends and fans. Even more shocking was the recent news that Gandolfini's heirs have to pay $30 million total in estate tax. 51-year-old Gandolfini generously left...
On Behalf of The Manna Helmy Law Group | Jun 2, 2013 | Inheritance And Estate Tax, Probate
New Jersey taxpayers expecting an inheritance may also receive something else less pleasant along with it - a hefty inheritance tax. A recent article by The Motley Fool discusses the inheritance tax some states charge to generate additional revenue for themselves....
On Behalf of The Manna Helmy Law Group | Jan 31, 2013 | Inheritance And Estate Tax
The recent fiscal cliff tax deal, as we've previously noted, indefinitely extended the $5 million per person estate tax exemption amount. The exemption, indexed for inflation, is now at 45.25 million. That's pretty generous, and makes it so that many people don't have...
On Behalf of The Manna Helmy Law Group | Oct 21, 2013 | Inheritance And Estate Tax
Although the Supreme Court decision ruled that the Defense of Marriage Act was unconstitutional and that same-sex spouses would be eligible for the same federal benefits as opposite-sex spouses, the confusion is not over. The Internal Revenue Service and the Treasury...
On Behalf of The Manna Helmy Law Group | Oct 4, 2013 | Inheritance And Estate Tax
Good news for the wealthy or the particularly comfortable was just released by the federal government. In 2014, individuals in New Jersey and across the country will be able to add an extra $90,000 free from federalestate tax to the amount that they are allowed to...
On Behalf of The Manna Helmy Law Group | Sep 4, 2013 | Inheritance And Estate Tax
New Jersey same-sex couples may be interested in new policies from the Internal Revenue Service that may open up new avenues for smart estate planning. The Treasury Department announced on Aug. 29 that the IRS will now recognize legal same-sex marriages for the...
On Behalf of The Manna Helmy Law Group | Aug 23, 2013 | Inheritance And Estate Tax
Many New Jersey residents may be wondering about how the recent changes to law relating to estate taxes, also known as the "death tax," may affect them. The good news is that the majority of people will not be impacted by changes to the estate tax, and a large number...
On Behalf of The Manna Helmy Law Group | Aug 14, 2013 | Inheritance And Estate Tax
New Jersey residents might be interested to hear that when there are unpaid taxes on an estate, this can end negatively for beneficiaries. According to a recent decision rendered by the U.S. District Court for the Southern District of Florida in one case, an inter...
On Behalf of The Manna Helmy Law Group | Aug 5, 2013 | Inheritance And Estate Tax
New Jersey residents may be interested to learn of two techniques available for shielding certain assets from estate tax. In an online article, a tax expert offered advice about how to use the 2013 American Taxpayer Relief Act to chart a plan for intelligent estate...
On Behalf of The Manna Helmy Law Group | Jul 31, 2013 | Inheritance And Estate Tax
The federal estate tax law has a portability provision; that is, it allows the transfer of the federal estate tax exemption from the decedent to the surviving spouse. If the correct estate tax planning steps are taken, residents of New Jersey might be able to double...
On Behalf of The Manna Helmy Law Group | Jul 23, 2013 | Inheritance And Estate Tax
A few weeks ago, the death of New Jersey native and Sopranos actor James Gandolfini stunned his family, friends and fans. Even more shocking was the recent news that Gandolfini's heirs have to pay $30 million total in estate tax. 51-year-old Gandolfini generously left...
On Behalf of The Manna Helmy Law Group | Jun 2, 2013 | Inheritance And Estate Tax, Probate
New Jersey taxpayers expecting an inheritance may also receive something else less pleasant along with it - a hefty inheritance tax. A recent article by The Motley Fool discusses the inheritance tax some states charge to generate additional revenue for themselves....
On Behalf of The Manna Helmy Law Group | Jan 31, 2013 | Inheritance And Estate Tax
The recent fiscal cliff tax deal, as we've previously noted, indefinitely extended the $5 million per person estate tax exemption amount. The exemption, indexed for inflation, is now at 45.25 million. That's pretty generous, and makes it so that many people don't have...
