In our previous post, we began looking at an article discussing important matters all those engaged in estate planning need to consider.One of the more complicated aspects of estate planning is planning for taxes in their various forms, including income, estate, gift...
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Ridgewood Estate Planning Blog
10 important matters to consider in estate planning, P.1
On Behalf of The Manna Helmy Law Group | Jul 5, 2011 | Estate Planning
Proactivity, as can be imagined-as opposed to acting out of necessity-is an essential aspect of effective estate planning. But it isn't always easy to decide which aspects of estate planning deserve the most or immediate attention.A recent article in the Salem, Oregon...
Estate planning for pets
On Behalf of The Manna Helmy Law Group | Jun 29, 2011 | Estate Planning
Estate planning is, no doubt, a family affair. And family, for many individuals, includes furry, four-legged friends and various other creatures.Estate planning for pets can be an important thing for some individuals. Individuals have been known to leaves millions of...
Safe deposits: know your banks policy and removal procedure
On Behalf of The Manna Helmy Law Group | Jun 27, 2011 | Probate
Many individuals choose to use safe deposit boxes through their bank to store various items, including various estate planning documents.While using a safe deposit box can be a great way to store estate planning documents, it is important to be aware that difficulties...
Compensating executors for administering the estate
On Behalf of The Manna Helmy Law Group | Jun 21, 2011 | Estate Planning
One issue that can come up in estate administration, and which should be carefully planned out in estate planning, is the issue of compensating executors for taking care of estate administration matters. Administering an estate can very often be a difficult,...
Avoiding probate in New Jersey not always the best decision
On Behalf of The Manna Helmy Law Group | Jun 21, 2011 | Estate Planning, Probate
Many people have questions when it comes to the issue of whether to place their assets in a living trust in order to avoid the probate process. Oftentimes people hear how cumbersome or expensive the probate process can be, and feel that it would be best to avoid it at...
Taxes, life estates and other estate planning considerations, P.2
On Behalf of The Manna Helmy Law Group | Jun 13, 2011 | Estate Planning
In our previous article, we began discussing various things a person would want to take into consideration before entering into an arrangement in which one purchases or accepts a gift of property from another while allowing the donor or seller to continue living on...
Taxes, life estates and other estate planning considerations, P.1
On Behalf of The Manna Helmy Law Group | Jun 13, 2011 | Estate Planning, Inheritance And Estate Tax
A recent article in the Star Ledger described the situation of a disabled man who left his home and property to his cousin in his will, and later wanted to sell them to his cousin at the lowest price permitted by law, and live there until his death. The disabled...
Long-term care: an expense many Americans will face, P.2
On Behalf of The Manna Helmy Law Group | Jun 8, 2011 | Medicaid Planning / Nursing Home Planning
In our previous post, we began looking at the issue of long-term-care and the difficulty many Americans have in purchasing long-term-care insurance. Here we continue that discussion.The insurance industry has struggled to persuade many older Americans they need...
Long-term care: an expense many Americans will face, P.1
On Behalf of The Manna Helmy Law Group | Jun 6, 2011 | Medicaid Planning / Nursing Home Planning
When folks think about how they will pay for long-term-care as they age, there could be a number of reactions. Some will go out and purchase insurance products to protect themselves and their family, and others may choose to forego insurance products and plan on using...