When many New Jersey residents consider their estate plan, they focus on ensuring that they can pass their assets on to their loved ones in the manner that they wish. While this is a vital aspect of estate planning, there are other parts of the process that are just...
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Ridgewood Estate Planning Blog
Asset protection planning for every level of wealth
On Behalf of The Manna Helmy Law Group | May 23, 2014 | Asset Protection
Many New Jersey residents believe that because they do not have a high level of wealth, they do not need to conduct any form of estate planning. This is a misconception, as estate planning encompasses a wide range of needs, not just the preservation of a large...
Learning from the estate planning mistakes of Philip Seymour Hoff
On Behalf of The Manna Helmy Law Group | May 20, 2014 | Estate Planning
Many in New Jersey are aware of the body of work of the late Philip Seymour Hoffman. The award-winning actor died earlier this year at the early age of just 46. Unfortunately, he seems to have made several serious estate planning errors, leaving his three children at...
Mickey Rooney’s will contested, going through probate process
On Behalf of The Manna Helmy Law Group | May 19, 2014 | Probate
Many individuals in new Jersey take the necessary steps before they die to create a comprehensive estate plan, which can include a will. A will simply dictates how one's assets are distributed among family members, friends and others. A will is created by most people...
Do women have different estate planning needs than men?
On Behalf of The Manna Helmy Law Group | May 18, 2014 | Estate Planning
When it comes to creating a solid estate plan, both women and men share the need to have their final wishes documented in writing, and to ensure that those documents fall within the letter of the law. However, it can be argued that women have a somewhat unique set of...
Beloved pets can be taken care of through proper estate planning
On Behalf of The Manna Helmy Law Group | May 9, 2014 | Estate Planning
With May being National Pet Month, New Jersey pet lovers may want to consider what will happen to their beloved four-legged companions when they are no longer capable of care for it. While many people are aware that proper estate planning is a way to protect their...
An interstate move creates new estate planning needs
On Behalf of The Manna Helmy Law Group | May 2, 2014 | Estate Planning
There are a number of life events that necessitate a change in one's existing estate plan. The birth of a child, the death of a spouse and even marriage and divorce create the need to review these documents. One life event that is often overlooked in relation to New...
Estate planning should cover your digital assets
On Behalf of The Manna Helmy Law Group | Apr 30, 2014 | Estate Planning
Many in New Jersey recognize the need to create a viable estate plan to handle the ultimate disposition of their assets. Often, however, we fail to recognize the full extent of those assets, and leave certain holdings unprotected. The advancement of technology is one...
Estate planning can protect one’s property after death
On Behalf of The Manna Helmy Law Group | Apr 27, 2014 | Estate Planning
When life is busy, people tend to focus on simply making it through each day. Thinking about the future even five or 10 years from now may seem overwhelming, and thinking about what would happen in the event of one's death may seem too morbid. However, if people fail...
Now could be the time for some estate tax planning
On Behalf of The Manna Helmy Law Group | Apr 25, 2014 | Inheritance And Estate Tax
Tax time is over for the year, and many New Jersey residents are more than happy to put it behind them for the rest of the year. However, this could be the perfect time to conduct some tax strategizing. Everyone could benefit from estate tax planning as well.When...