The Two Sides to Inheritance Tax
New Jersey is one of six states that imposes an inheritance tax on assets that…
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Taxes
How the New 2022 Gift Tax Exclusion Can Work for You
The IRS’ decision to increase the federal gift tax exclusion is welcome news to people…
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Protect assets, retain access with a Spousal Lifetime Access Trust
A Spousal Lifetime Access Trust (SLAT) is an estate planning tool that can be used…
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Opportunity Zones offer tax breaks
For a limited time, investors can help reinvigorate distressed communities while deferring capital gains on…
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Your Health Savings Account can be a stealth IRA
Generally, people don’t think about a Health Savings Account (HSA) as a savings account. The…
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The new tax law means it’s now time to review your estate plan
The tax law signed in 2017 doubled the federal estate tax exemption, meaning the vast…
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Keep your tax credit for charitable gifts
Following the Tax Cuts and Jobs Act (TCJA), many taxpayers are concerned about losing tax…
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The little-known tax on Roth 401(k) distributions
Employee retirement savings plans come in two main types: the traditional 401(k) and the Roth…
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How to prepare when elderly parents move in with adult children
More and more parents are moving in with their adult children, and the trend probably…
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Survey: Family drama causes estate issues
Families face a variety of estate planning challenges, and family drama may be chief among…
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Would-be divorcees face year-end tax deadline
If you are planning a divorce, talk to an adviser about how changes in the…
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Estate Tax Good News
For years, I have helped clients minimize or eliminate the New Jersey estate tax and…
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