In our last post, we began looking the issue of uneven inheritances between children and what estate planning options a couple has in a situation where one child is not considered trustworthy enough to be left with significant amounts of property.As we said before,...
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Uneven inheritances: estate planning options
On Behalf of The Manna Helmy Law Group | Apr 21, 2011 | Estate Planning
When it comes to leaving inheritances to children, problems can arise around the issues of fairness and trust. Which child should receive what? How much should each child receive? With what can each child be reasonably entrusted? The answers to these questions often...
Avoiding probate: pay attention to how assets are owned
On Behalf of The Manna Helmy Law Group | Apr 18, 2011 | Probate
Although probate is not necessarily always a difficult process, many individuals want to set up their estates so that their assets avoid probate in order to save costs and avoid any possible hang-ups in distributing their assets once they die. When estate planning to...
Lost or misplaced will: what to do? P.2
On Behalf of The Manna Helmy Law Group | Apr 13, 2011 | Probate
In our previous post, we began looking at what to do when a testator's will has been lost or misplaced. As we noted, the steps to be taken depend on whether the testator has died or still alive. In this post, we'll look at what to do if the testator is deceased and...
Lost or misplaced will: what to do? P.1
On Behalf of The Manna Helmy Law Group | Apr 11, 2011 | Probate
Drafting a will that accurately reflects one's desires is a job in itself, but it isn't the end of the story. One must also ensure that one's will is going to be available upon one's death.Sometimes wills get lost or misplaced. When this happens, the steps one should...
Planning for long term care an important step to take
On Behalf of The Manna Helmy Law Group | Apr 7, 2011 | Medicaid Planning / Nursing Home Planning
A recent article in the Pocono Record, written by executive director of Families USA Ron Pollack, discusses the importance of planning for long- term care and learning about all the options available as one makes that transition in life. Elderly individuals can...
Estate planning: making a donation of tissue or organs, P.2
On Behalf of The Manna Helmy Law Group | Apr 4, 2011 | Estate Planning
In our previous post, we began looking at a recent article in the New Jersey Journal which discussed the various ways of making a donation of tissue or organs part of one's estate plan. Although such a donation may not suit every person, it is a great way to give back...
Estate planning: making a donation of tissue or organs, P.1
On Behalf of The Manna Helmy Law Group | Apr 1, 2011 | Estate Planning
Organ and tissue donation is, for many, a great way to give of oneself upon death. A recent article in the Jersey Journal focused on how to go about planning to fit an Organ Donor Pledge into one's estate plan.There are several ways to go about this, whether by will,...
Married couples: more tips for avoiding estate tax
On Behalf of The Manna Helmy Law Group | Mar 28, 2011 | Estate Planning, Inheritance And Estate Tax
In our last post, we began looking at an article with suggestions for married couples about how they can avoid estate taxation, particularly in the event of death in the next couple years. Here we continue that discussion.In addition to taking advantage of the...
Married couples: tips for avoiding estate tax
On Behalf of The Manna Helmy Law Group | Mar 24, 2011 | Inheritance And Estate Tax
In 2011 and 2012, only individuals who die leaving an estate worth more than $5 million need concern themselves with federal estate taxes. Married person having an estate worth less than $10 do not have to pay estate tax. Those who have larger estates need to look...