There may be some New Jersey readers who believe that estate planning is only for those with a certain amount of wealth or high-value assets. However, estate planning is a vital step for all walks of life, no matter the income level. This step can protect children and...
Let Our Attorneys Provide The Legal Help Your Family Deserves
Ridgewood Estate Planning Blog
Billionaire’s complex estate plan partially sealed
On Behalf of The Manna Helmy Law Group | Feb 5, 2014 | Estate Planning
After a court proceeding, a court has agreed to partially seal some of the details of billionaire Harold Simmons' complex estate plan. The family has requested that the judge seal his entire will from the public, claiming that the complex estate plan could bring...
Existing estate planning documents should be updated regularly
On Behalf of The Manna Helmy Law Group | Feb 3, 2014 | Estate Planning
A person should probably update his/her estate plan at least every five years. However, changes may be needed even sooner than that in some instances. There are a number of issues to keep in mind for determining whether it's time to update. The first thing a person...
The importance of estate planning, no matter the age
On Behalf of The Manna Helmy Law Group | Jan 31, 2014 | Estate Planning
As with most areas of financial planning, a large amount of it can be done online. The simplicity of using technology and taking care of estate planning online may discourage some New Jersey readers from seeking help from experienced advisors. Despite the temptation...
New Jersey residents should update estate planning documents
On Behalf of The Manna Helmy Law Group | Jan 24, 2014 | Estate Planning
Many New Jersey residents make the prudent choice of creating wills and trusts that will handle their assets after their death. When it comes to estate planning, making sure that the information provided is correct is of the utmost importance. If a mistake is made or...
Estate planning important for New Jersey family businesses
On Behalf of The Manna Helmy Law Group | Jan 21, 2014 | Estate Planning
Most New Jersey business owners start family owned companies with the hope of being successful for generations to come. However, a study by the Family Business Review revealed that family owned businesses tend to pass into the next generation only 30 percent of the...
When it’s necessary to probate a will in New Jersey
On Behalf of The Manna Helmy Law Group | Jan 16, 2014 | Probate
A will generally protects someone's assets in the event of their death. Sometimes, a will may require New Jersey family members to go through probate litigation for the distribution of assets. As emotional as this is, there are circumstances where this is necessary...
Don’t forget digital assets in New Jersey estate planning
On Behalf of The Manna Helmy Law Group | Jan 14, 2014 | Estate Planning
It seems like residents of New Jersey and elsewhere are able to do more transactions online by the day. From downloading music and e-books to investing in digital currency, these things can add up to a substantial amount of assets over time. That is why it is...
Regardless of one’s age, asset protection planning is crucial
On Behalf of The Manna Helmy Law Group | Jan 12, 2014 | Asset Protection
People spend their lifetime working hard to make sure they will have enough money to enjoy retirement, cover possible care they may need in old age and hopefully leave their families with a little something extra when their time is up. Unfortunately, some don't take...
Domestic partners in New Jersey have estate planning challenges
On Behalf of The Manna Helmy Law Group | Jan 6, 2014 | Estate Planning
Domestic partnerships whether same-sex or not require special considerations when it comes to estate planning in New Jersey. Unlike legally married couples, domestic partners who wish to pass assets to the surviving partner have to plan for federal taxes. In addition,...