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On Behalf of The Manna Helmy Law Group | Nov 3, 2012 | Estate Planning, Trusts
Our New Jersey readers may have heard of the troubles regarding Whitney Houston's estate, particularly with respect to her daughter Bobbi Kristina. Houston left a total of $20 million in trust to her now 19-year-old daughter, and this has been a source of contention...
On Behalf of The Manna Helmy Law Group | Nov 2, 2012 | Trusts
In our last post, we began speaking about specific ways to keep your estate out of probate. Probate, depending on the state one is in, can be a time-consuming process and expose one's family affairs to legal battles open to the public eye.Some prefer to avoid such...
On Behalf of The Manna Helmy Law Group | Oct 6, 2012 | Trusts
Even as we age, we never stop filling out paperwork. This is especially true for parents of children with disabilities seeking to set up a trust for their child. Decisions about this process may affect the parent's own eligibility for Medicaid. To qualify for Medicaid...
On Behalf of The Manna Helmy Law Group | Oct 5, 2012 | Trusts
Establishing a living trust has its benefits, but not necessarily all those typically hoped for. While some people may want to avoid probate court by having a living will in place, this may not be the best reason. In New Jersey, the costs of probate relate directly to...
On Behalf of The Manna Helmy Law Group | Sep 19, 2012 | Trusts
In our previous post, we began looking at some things to take into consideration when selecting a person to manage trust assets. As we've already mentioned, the size and complexity of trust assets can be a large factor in determining who will be the best selection....
On Behalf of The Manna Helmy Law Group | Sep 14, 2012 | Trusts
Trusts are a common instrument used in estate planning, and are very versatile. Trusts can be used for businesses, protecting children, and tax planning benefits, but regardless of the reason a trust is set up for, a trustee will have to be selected to be in charge of...
On Behalf of The Manna Helmy Law Group | Jul 26, 2012 | Estate Planning, Trusts
Trusts can be greatly useful tools when it comes to estate planning. Part of making use of trusts for estate planning is determining what financial vehicles will be used to fund them. One option is to make use of life insurance for this purpose. One particular option...
On Behalf of The Manna Helmy Law Group | May 18, 2012 | Trusts
In our last post, we began looking at how one can use trusts to protect real estate as part of the estate planning process. We already looked very briefly at irrevocable trusts, particularly Qualified Personal Residence Trusts, and the advantages they offer.Revocable...
On Behalf of The Manna Helmy Law Group | May 17, 2012 | Trusts
Protecting one's real estate assets is an important part of estate planning. Whether one is dealing with real estate connected to a business, rental property, or a personal residence, it is important to consider tools that allow for the protection of these...
On Behalf of The Manna Helmy Law Group | Apr 26, 2012 | Estate Planning, Trusts, Wills
Estate planning is a very important task for a number of reasons, and while it may be tempting to forgo such planning, one will be better off for doing the planning. As a recent article on the Huffington Post stresses, the important thing is to get the ball rolling on...
On Behalf of The Manna Helmy Law Group | Nov 3, 2012 | Estate Planning, Trusts
Our New Jersey readers may have heard of the troubles regarding Whitney Houston's estate, particularly with respect to her daughter Bobbi Kristina. Houston left a total of $20 million in trust to her now 19-year-old daughter, and this has been a source of contention...
On Behalf of The Manna Helmy Law Group | Nov 2, 2012 | Trusts
In our last post, we began speaking about specific ways to keep your estate out of probate. Probate, depending on the state one is in, can be a time-consuming process and expose one's family affairs to legal battles open to the public eye.Some prefer to avoid such...
On Behalf of The Manna Helmy Law Group | Oct 6, 2012 | Trusts
Even as we age, we never stop filling out paperwork. This is especially true for parents of children with disabilities seeking to set up a trust for their child. Decisions about this process may affect the parent's own eligibility for Medicaid. To qualify for Medicaid...
On Behalf of The Manna Helmy Law Group | Oct 5, 2012 | Trusts
Establishing a living trust has its benefits, but not necessarily all those typically hoped for. While some people may want to avoid probate court by having a living will in place, this may not be the best reason. In New Jersey, the costs of probate relate directly to...
On Behalf of The Manna Helmy Law Group | Sep 19, 2012 | Trusts
In our previous post, we began looking at some things to take into consideration when selecting a person to manage trust assets. As we've already mentioned, the size and complexity of trust assets can be a large factor in determining who will be the best selection....
On Behalf of The Manna Helmy Law Group | Sep 14, 2012 | Trusts
Trusts are a common instrument used in estate planning, and are very versatile. Trusts can be used for businesses, protecting children, and tax planning benefits, but regardless of the reason a trust is set up for, a trustee will have to be selected to be in charge of...
On Behalf of The Manna Helmy Law Group | Jul 26, 2012 | Estate Planning, Trusts
Trusts can be greatly useful tools when it comes to estate planning. Part of making use of trusts for estate planning is determining what financial vehicles will be used to fund them. One option is to make use of life insurance for this purpose. One particular option...
On Behalf of The Manna Helmy Law Group | May 18, 2012 | Trusts
In our last post, we began looking at how one can use trusts to protect real estate as part of the estate planning process. We already looked very briefly at irrevocable trusts, particularly Qualified Personal Residence Trusts, and the advantages they offer.Revocable...
On Behalf of The Manna Helmy Law Group | May 17, 2012 | Trusts
Protecting one's real estate assets is an important part of estate planning. Whether one is dealing with real estate connected to a business, rental property, or a personal residence, it is important to consider tools that allow for the protection of these...
On Behalf of The Manna Helmy Law Group | Apr 26, 2012 | Estate Planning, Trusts, Wills
Estate planning is a very important task for a number of reasons, and while it may be tempting to forgo such planning, one will be better off for doing the planning. As a recent article on the Huffington Post stresses, the important thing is to get the ball rolling on...
