New Jersey governor and ones from other states have thrown their support behind the governors of Ohio and Arkansas as they attempt to expand Medicaid against the will of conservative legislators in their states. By using a new market-centric approach, they hope to...
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Ridgewood Estate Planning Blog
Offshore asset protection may be worth considering, P.2
On Behalf of The Manna Helmy Law Group | Mar 28, 2013 | Asset Protection
In our previous post, we began speaking about the value of going offshore with one's financial and banking strategies, and with respect to asset protection. As we mentioned, there are a variety of reasons to consider going offshore, including protection from creditor...
Offshore asset protection may be worth considering, P.1
On Behalf of The Manna Helmy Law Group | Mar 26, 2013 | Asset Protection
Asset protection is a valuable part of estate planning in which can enhance anybody's estate planning. But it is critical for those looking into asset protection to try to find strategies that will afford them real protection. Because of the uncertainty around certain...
Important estate planning strategies could be affected going forward
On Behalf of The Manna Helmy Law Group | Mar 21, 2013 | Estate Planning
As our regular readers know, Congress made some permanent changes as part of its "fiscal cliff" remedy that have given estate planners more certainty than they've had in years. The permanent changes, it so happens, are quite favorable from an estate tax and gift tax...
What happens when a deceased person’s estate owns out-of-state real property?
On Behalf of The Manna Helmy Law Group | Mar 15, 2013 | Probate, Wills
Out of state real property carries extra challenges in probate court when compared to other assets. Because such property cannot be transported across state lines, the state in which it resides has an interest in its administration, and a separate probate process is...
Christie’s agreement to expand Medicaid meets with large approval
On Behalf of The Manna Helmy Law Group | Mar 14, 2013 | Medicaid Planning / Nursing Home Planning
In a move that may change the number of people going about Medicaid planning, Governor Chris Christie recently decided to use available federal funds in order to expand Medicaid. That decision is expected to3 save the state $227 million a year by enrolling 104,000...
Decision in estate of James Brown a sign that charitable trusts are to be respected
On Behalf of The Manna Helmy Law Group | Mar 9, 2013 | Trusts
More than six years after the death of legendary soul singer James Brown, the South Carolina Supreme Court issued a critical ruling that may finally allow a legal dispute to wind down. At his 2006 death, Brown left a detailed will and trust indicating that he wanted...
State releases new form that will help patients’ families make end-of-life decisions, P.2
On Behalf of The Manna Helmy Law Group | Feb 28, 2013 | Estate Planning
In our last post, we began speaking about a new form developed by the state of New Jersey and the New Jersey Hospital Association that allows patients to avoid the situation where their family doesn't know their goals and wishes for end-of-life care. The form, we...
State releases new form that will help patients’ families make end-of-life decisions, P.1
On Behalf of The Manna Helmy Law Group | Feb 27, 2013 | Estate Planning
Last Friday, the New Jersey Hospital Association and the state of New Jersey released a new form known as Practitioner Orders for Life-Sustaining Treatment. The form enables terminal patients to decide, together with their families, the type of end-of-life treatment...
Law prevents children of “slayer spouse” from inheriting
On Behalf of The Manna Helmy Law Group | Feb 23, 2013 | Probate
It makes a good movie plot: the beneficiary of a wealthy relative devising a well thought out murder sure to never be solved. Yet this isn't just the stuff fiction is made of.In one recent case, a vacationing couple went scuba diving. Yet only the husband surfaced. He...