Most people are forgetful from time to time. However, when you noticed your parent calling you by the wrong name, forgetting important events and generally not seeming like him or herself, you began to feel concerned, mainly because your parent had reached his or her...
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Ridgewood Estate Planning Blog
Does your college-bound child have a power of attorney agent?
On Behalf of The Manna Helmy Law Group | Aug 26, 2020 | Estate Planning
You always knew that your child would one day grow up and go to college here in New Jersey or maybe out of state. This year is the year that your child reaches that milestone, and you have likely already done a lot of preparation to get him or her ready to head off to...
Medicaid, the irrevocable trust and non-countable assets
On Behalf of The Manna Helmy Law Group | Jul 6, 2020 | Medicaid Planning / Nursing Home Planning, Trusts
If you are beginning to think about your future and the possibility of eventual nursing home care, you are probably also thinking about Medicaid and its connection to nursing home eligibility.You want your assets to go to your heirs rather than spending down to meet...
New Jersey seniors and 2020 rules for Medicaid eligibility
On Behalf of The Manna Helmy Law Group | May 13, 2020 | Medicaid Planning / Nursing Home Planning
Medicaid is one of the many government programs that most people need help to navigate successfully. The rules change frequently and there are new requirements for 2020.In New Jersey, residents 65 years of age and older may qualify for various Medicaid programs as...
Powers of attorney provide peace of mind at no extra charge
On Behalf of The Manna Helmy Law Group | Mar 11, 2020 | Asset Protection
There are several important estate planning tools, but perhaps none more essential to peace of mind than financial powers of attorney and advance directives or medical proxies.Both documents can go into effect during your lifetime. They represent thoughtful planning...
How can I benefit from a trust in my estate plans?
On Behalf of The Manna Helmy Law Group | Jan 20, 2020 | Trusts
If you are in the process of creating or updating your estate plans, you may want to think about incorporating a trust to help protect your legacy. Trusts are not for everyone. Many people who have basic assets and wealth do not necessarily need to have trusts....
How to include digital assets in an estate plan
On Behalf of The Manna Helmy Law Group | Nov 25, 2019 | Estate Planning
When most people think of an estate plan, they think of physical belongings, such as property and cash. However, in today's world, people now need to determine what to do with digital assets, such as social media accounts and projects that exist solely on a hard...
Paying for your parent’s long-term care
On Behalf of The Manna Helmy Law Group | Sep 30, 2019 | Medicaid Planning / Nursing Home Planning
When your aging parent loses physical and/or mental functions, you may worry about what to do. One option is to become a full-time caregiver for your mom or dad. While this may save you some money, it may not be good for your parent or your health. You may look at...
What courts look at regarding dueling wills
On Behalf of The Manna Helmy Law Group | Aug 6, 2019 | Wills
A will is an important aspect of an estate plan. It allows the estate holder to designate his or her estate as desired.Sometimes, parties may update their will. If the previous will is not properly discarded, or if the new will is not presented to all involved...
Should your parent change a will after remarrying?
On Behalf of The Manna Helmy Law Group | Jun 11, 2019 | Wills
Your father is nearing retirement and wants to ensure he has enough invested to last him through the rest of his life. Your mother passed away years ago, and your father has not shown an interest in entering a new relationship – until now.A stepmother is a new...