Roughly 318,000 adults in New Jersey could obtain health coverage if Governor Chris Christie agrees to expand the Medicaid program under the federal health care reform law. Of the 318,000 adults who would be able to join Medicaid, 177,000 are-according to New Jersey...
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Ridgewood Estate Planning Blog
Estate planning may turn toward focus on elder law
On Behalf of The Manna Helmy Law Group | Jan 15, 2013 | Estate Planning
With the recent passage of the American Taxpayer Relief Act of 2012, more widely known as the fiscal cliff deal, big changes have come to the estate planning world. As we noted in a recent set of posts on the issue, the law makes the 2010 exemption system permanent,...
Native Americans and estate planning: passing on land
On Behalf of The Manna Helmy Law Group | Jan 11, 2013 | Estate Planning
While estate planning can be a simple process, it can also be quite complex, depending on one's assets, goals, and family situation. The laws governing estate planning are primarily determined by each state, though some federal laws govern how estate planning is...
Asset protection planning critical for those at risk for liabilities
On Behalf of The Manna Helmy Law Group | Jan 9, 2013 | Asset Protection
Asset protection is an important aspect of estate planning. By asset protection we mean protecting one's wealth from liabilities so as to maximize the amount one is able to pass on. Asset protection planning is especially important for those who own small businesses,...
Congress extends 2010 estate-gift tax exemption amount indefinitely, P.2
On Behalf of The Manna Helmy Law Group | Jan 4, 2013 | Inheritance And Estate Tax
In our previous post, we began looking at the new fiscal cliff deal Congress came up with in the 11th hour, and the way it will affect estate planning in the coming year. As we noted, The same exemption amount will apply permanently, with adjustments for inflation,...
Congress extends 2010 estate-gift tax exemption amount indefinitely, P.1
On Behalf of The Manna Helmy Law Group | Jan 3, 2013 | Inheritance And Estate Tax
We've been talking about the estate and gift tax exemption debacle on this blog for a number of months now, informing our readers about the changes that could come in the New Year, and trying to stay on top of any developments. Now that Congress has come up with a...
Make estate planning your New Year’s resolution
On Behalf of The Manna Helmy Law Group | Dec 26, 2012 | Estate Planning
With the New Year almost upon us, many people will be making resolutions to lose weight, stop procrastinating, eat healthier, stop smoking, and so on. Maybe, just maybe, some people out there will also be planning on finally getting around to getting their affairs in...
Estate of Thomas Kinkade, “Painter of Light,” settles will dispute outside court
On Behalf of The Manna Helmy Law Group | Dec 24, 2012 | Probate
An ongoing legal dispute over the estate of famous painter Thomas Kinkade has been settled, putting an end to months of legal challenges. Thomas Kinkade, known for his unique painting style involving generous use of light, died in April, leaving behind an unclear...
No estate planning and will means first cousin inherits fortune
On Behalf of The Manna Helmy Law Group | Dec 22, 2012 | Wills
If something were to happen to you, do you know who would get your possessions and money? You may have ideas as to who should receive what, but unless there are specific legal documents in place, your estate will be divided by New Jersey's intestacy laws. This...
Make sure your loved ones know what your final wishes are now
On Behalf of The Manna Helmy Law Group | Dec 20, 2012 | Estate Planning
Many of us in New Jersey have some very specific requests for the ends of our lives, but if we want them fulfilled, we have to let our families and loved ones know about them now. It is important to work with both an estate planning attorney and family members to...