Michael A. Manna & Associates
Toll Free: 866-678-0459
Phone: 201-345-3018
Toll Free: 866-678-0459
Phone: 201-345-3018

Let our attorneys provide the legal help Your Family Deserves

Case Evaluation Form

Estate Planning Archives

Providing for pets during estate planning

Many New Jersey residents consider their pets as members of the family and would go to great lengths to ensure that they are happy and healthy. However, many fail to consider what would happen to their beloved animals in the event of the owner's death. Including pets within one's estate planning is an attainable goal and is also an incredible gift that pet owners can give their furry family members.

Charitable giving and estate planning options

Many New Jersey residents have a long history of giving their time and money to various charities. It comes as no surprise that those same individuals would like to include their favorite charitable organizations within their estate planning. There are also a number of tax benefits that can accompany charitable giving, many of which yield benefits during the life of the giver. Understanding the various options is important when determining how to work charity into one's greater estate plan.

Factoring risk of divorce into estate planning and trusts

The creation of a comprehensive estate plan is in effect a gift that an individual gives to his or her loved ones. By carefully structuring the means by which assets will be distributed after one's death, a great deal of stress and turmoil can be reduced for those left behind. However, there are certain areas of estate planning that offer a challenge to New Jersey residents. Addressing the risk of divorce is a prime example.

Estate planning tips to help avoid family conflict

When a loved one passes away, those left behind are often very distressed. This is a time when emotions and tensions run high, and when conflict between family members in New Jersey can easily flare up. When it comes to estate planning, there are several tips that individuals and families can implement to offset the risk of family feuds. Doing so can make this challenging time far easier to weather for all involved.

Blended families have unique estate planning needs

The shape of the American family is not what it was in generations past. Today's families in New Jersey and across the nation are often comprised of a blend of children from the current and previous unions. This diversity makes family life far more complex and interesting than in previous decades, but it also brings about a range of challenges. One such challenge involves the need to take a carefully considered approach to estate planning, to ensure that everyone's needs are properly addressed.

Divorce prompts the need for estate planning adjustments

Many New Jersey residents who have created a solid estate plan feel a significant sense of relief in the knowledge that their wishes are documented in a legal format. However, there are certain life events that necessitate a re evaluation of existing estate planning measures. The end of a marriage is one of the most significant changes that can prompt the need to take a second look at one's plan, and to make changes where needed.

Compiling documents within estate planning

The creation of a comprehensive estate plan leaves many in New Jersey with a sense of relief. Knowing that these matters have been settled brings peace of mind to both individuals and families. Once the process is complete, the final step is to compile estate planning paperwork such as trusts or wills, and to check that there are no additional documents that should be added to the mix.

Even a simple estate plan must cover incapacity issues

The primary issues that come to mind when many consider estate planning are the creation of wills and trusts. While settling a plan for the division of assets upon one's death is an essential component of the estate planning process, it is not the only focus. There are many other benefits that a simple estate plan can bring New Jersey residents. Chief among these are provisions for incapacity.

Lessons learned from Robin Williams' estate planning

Many New Jersey residents have fond memories of comedian and actor Robin Williams and the many roles he played in movies and television over the years. When Williams died last year, he did so having left provisions in place to provide for his family. While Williams appears to have covered the major financial matters in his estate planning package, it appears that his heirs are at odds over some of the belongings that he left behind.

Living trust a good estate planning option for combined families

A great many families in New Jersey are comprised of a blend of biological and stepchildren, in which one or both spouses have been married previously. This combination can lead to a rich and fulfilling mix of family connections, and often simply expands the number of people with whom a spouse is able to share their love. When considering estate planning options, however, a combined family has needs that differ from a more traditional family in which all of the children are shared by the husband and wife.