Let Our Attorneys Provide The Legal Help Your Family Deserves
On Behalf of The Manna Helmy Law Group | Sep 2, 2011 | Estate Planning, Inheritance And Estate Tax
In our previous post, we began discussing estate taxes in New Jersey, putting a special emphasis on New Jersey's inheritance tax.Tax planning is a large component of estate planning. In establishing an estate plan, it is important for residents of New Jersey to be...
On Behalf of The Manna Helmy Law Group | Aug 31, 2011 | Inheritance And Estate Tax
Though inheritance tax is something many New Jersey residents may not be aware of, it is part of the reality of estate planning in this state. Inheritance tax is basically a tax imposed on an estate based on who inherits the assets. New Jersey's inheritance tax is...
On Behalf of The Manna Helmy Law Group | Aug 22, 2011 | Inheritance And Estate Tax
On this blog, we often provide our readers with advice about simple estate planning and basic things to keep in mind when going through the process. CNN Money recently posted a top ten list of things to keep in mind regarding estate planning, along with a number of...
On Behalf of The Manna Helmy Law Group | Aug 8, 2011 | Estate Planning, Inheritance And Estate Tax
As most of our readers are probably aware, New York legalized gay marriage last month, and as a result, there are now various changes in tax law for gay couples. As a recent New York Times article points out, the new rules will apply to all legally married gay couples...
On Behalf of The Manna Helmy Law Group | Aug 8, 2011 | Estate Planning, Inheritance And Estate Tax
In our previous post, we mentioned that the New York Department of Taxation and Finance recently published new guidelines for same sex couples for understanding their rights and responsibilities under New York's recently passed marriage equality law.We began focusing...
On Behalf of The Manna Helmy Law Group | Jul 29, 2011 | Inheritance And Estate Tax
A dynasty trust is a device used to pass money to multiple generations of descendants, paying as little estate tax as possible. Such trusts have no expiration date and don't require minimum distributions, so their assets can continue growing for an unlimited number of...
On Behalf of The Manna Helmy Law Group | Jun 13, 2011 | Estate Planning, Inheritance And Estate Tax
A recent article in the Star Ledger described the situation of a disabled man who left his home and property to his cousin in his will, and later wanted to sell them to his cousin at the lowest price permitted by law, and live there until his death. The disabled...
On Behalf of The Manna Helmy Law Group | Jun 2, 2011 | Inheritance And Estate Tax
In our last post, we noted that the IRS is currently in an effort to audit land-transfer records from at least 15 states for evidence of omissions of gift reporting. Failure to report gifts of real estate for gift tax purposes is, apparently, a common problem in a...
On Behalf of The Manna Helmy Law Group | May 31, 2011 | Inheritance And Estate Tax
Gifts of real estate are a common way folks leave their wealth to family before they pass on. Unfortunately, such transactions often involve a failure to report the gift to the Internal Revenue Service.Failure to report gifts of real estate to the Internal Revenue...
On Behalf of The Manna Helmy Law Group | May 19, 2011 | Estate Planning, Inheritance And Estate Tax
Most people setting up their estate plan would like to be able to reduce the amount of estate tax on their acquired wealth as much as possible.There are various ways to reduce estate tax. In New Jersey, the first $675,000 of one's estate is exempt from estate...
On Behalf of The Manna Helmy Law Group | Sep 2, 2011 | Estate Planning, Inheritance And Estate Tax
In our previous post, we began discussing estate taxes in New Jersey, putting a special emphasis on New Jersey's inheritance tax.Tax planning is a large component of estate planning. In establishing an estate plan, it is important for residents of New Jersey to be...
On Behalf of The Manna Helmy Law Group | Aug 31, 2011 | Inheritance And Estate Tax
Though inheritance tax is something many New Jersey residents may not be aware of, it is part of the reality of estate planning in this state. Inheritance tax is basically a tax imposed on an estate based on who inherits the assets. New Jersey's inheritance tax is...
On Behalf of The Manna Helmy Law Group | Aug 22, 2011 | Inheritance And Estate Tax
On this blog, we often provide our readers with advice about simple estate planning and basic things to keep in mind when going through the process. CNN Money recently posted a top ten list of things to keep in mind regarding estate planning, along with a number of...
On Behalf of The Manna Helmy Law Group | Aug 8, 2011 | Estate Planning, Inheritance And Estate Tax
As most of our readers are probably aware, New York legalized gay marriage last month, and as a result, there are now various changes in tax law for gay couples. As a recent New York Times article points out, the new rules will apply to all legally married gay couples...
On Behalf of The Manna Helmy Law Group | Aug 8, 2011 | Estate Planning, Inheritance And Estate Tax
In our previous post, we mentioned that the New York Department of Taxation and Finance recently published new guidelines for same sex couples for understanding their rights and responsibilities under New York's recently passed marriage equality law.We began focusing...
On Behalf of The Manna Helmy Law Group | Jul 29, 2011 | Inheritance And Estate Tax
A dynasty trust is a device used to pass money to multiple generations of descendants, paying as little estate tax as possible. Such trusts have no expiration date and don't require minimum distributions, so their assets can continue growing for an unlimited number of...
On Behalf of The Manna Helmy Law Group | Jun 13, 2011 | Estate Planning, Inheritance And Estate Tax
A recent article in the Star Ledger described the situation of a disabled man who left his home and property to his cousin in his will, and later wanted to sell them to his cousin at the lowest price permitted by law, and live there until his death. The disabled...
On Behalf of The Manna Helmy Law Group | Jun 2, 2011 | Inheritance And Estate Tax
In our last post, we noted that the IRS is currently in an effort to audit land-transfer records from at least 15 states for evidence of omissions of gift reporting. Failure to report gifts of real estate for gift tax purposes is, apparently, a common problem in a...
On Behalf of The Manna Helmy Law Group | May 31, 2011 | Inheritance And Estate Tax
Gifts of real estate are a common way folks leave their wealth to family before they pass on. Unfortunately, such transactions often involve a failure to report the gift to the Internal Revenue Service.Failure to report gifts of real estate to the Internal Revenue...
On Behalf of The Manna Helmy Law Group | May 19, 2011 | Estate Planning, Inheritance And Estate Tax
Most people setting up their estate plan would like to be able to reduce the amount of estate tax on their acquired wealth as much as possible.There are various ways to reduce estate tax. In New Jersey, the first $675,000 of one's estate is exempt from estate...
