For those in New Jersey who completed their estate plans many years ago, a sense of security is often present. These individuals and families know that they have taken the steps needed to ensure that their accumulated wealth will pass on to their chosen heirs as...
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Ridgewood Estate Planning Blog
Older asset protection strategies may be obsolete
On Behalf of The Manna Helmy Law Group | May 8, 2015 | Asset Protection
Many New Jersey residents have taken proactive stances toward their estate planning needs and have had their documents in order for many years. This is admirable, especially considering the number of people who fail to address asset protection needs -- many of whom...
Could the estate tax soon be a thing of the past?
On Behalf of The Manna Helmy Law Group | May 2, 2015 | Inheritance And Estate Tax
The estate tax, also commonly referred to as the "death tax," is a popular subject among many in New Jersey, even though very few Americans are at risk of being subjected to the tax. People tend to hold strong opinions on the matter, and it is a prime example of a...
Estate planning for singles: A different approach
On Behalf of The Manna Helmy Law Group | Apr 30, 2015 | Estate Planning
For many in New Jersey, the main focus of planning one's estate is to ensure that loved ones receive the inheritance that is planned for them, without incurring heavy taxation and outside of the probate process. For those residents who are unmarried and do not have...
Estate planning options for private collections
On Behalf of The Manna Helmy Law Group | Apr 23, 2015 | Estate Planning
Completing one's estate plan provides a wonderful sense of relief for many in New Jersey. Once the distribution of assets has been structured and all incapacitation documents are in place, many people rest assured that they have adequately prepared for the inevitable....
Estate planning can protect assets from being squandered
On Behalf of The Manna Helmy Law Group | Apr 21, 2015 | Estate Planning
One of the most difficult topics for a New Jersey family to address is how to create an estate plan that allows assets to pass to children without allowing those children to squander their inheritance. For one, tackling this matter requires parents to acknowledge that...
Avoiding probate just one benefit of estate planning
On Behalf of The Manna Helmy Law Group | Apr 17, 2015 | Probate
A great deal of focus within estate planning is centered on the best way to transfer assets to children and grandchildren after the death of a loved one. For couples in New Jersey without children, a different estate planning approach is often taken, and the focus...
Addressing disparity within estate planning
On Behalf of The Manna Helmy Law Group | Apr 15, 2015 | Estate Planning
Within many New Jersey families, a level of rivalry exists among siblings. This is a normal and healthy set of circumstances between brothers and sisters, and is often channeled into positive level of competition and banter between family members. When it comes to...
Asset protection for those who live abroad
On Behalf of The Manna Helmy Law Group | Apr 12, 2015 | Asset Protection
Many New Jersey residents will spend a portion of their lives living abroad. Known as expats, Americans who live outside of the country for extended periods of time have a number of unusual legal needs. Creating a solid asset protection plan is an example, and...
Include a financial inventory with estate planning documents
On Behalf of The Manna Helmy Law Group | Apr 10, 2015 | Estate Planning
Many New Jersey residents experience a sense of relief when their estate planning documents have been drafted and signed. Having this important financial step completed can bring about a feeling of comfort in the knowledge that these matters have been properly...