What’s The Difference Between the “New Jersey Estate Tax” and the “New Jersey Inheritance Tax”?
Jan 18, 2015
New Jersey has both an estate tax and an inheritance tax. While many assume these terms are interchangeable, they are not. The NJ estate tax and the NJ inheritance tax are distinctly different. 1....
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Inheriting an IRA – Rules for Averting Huge Taxes!
Jan 01, 2015
When his 75-year-old father died, forty-year-old John inherited his father’s $1 million traditional Individual Retirement Account (IRA). John wasn’t sure what to do with all that money. Requesting a...
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A Team Approach to Financial Security
Feb 29, 2012
A successful estate plan is built on the collaboration of several professions working together to ensure that your goals and wishes are properly implemented. Your team should include a CPA, a financial...
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A Team Approach to Financial Security
Feb 18, 2012
A successful estate plan is built on the collaboration of several professions working together to ensure that your goals and wishes are properly implemented. Your team should include a CPA, a financial...
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Organize Your Paperwork in January
Jan 21, 2012
In order to create an accurate estate plan, people need to organize their documents and take a complete inventory of all their assets and liabilities. Creating an inventory not only helps in creating a...
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Do Good in 2012!
Jan 17, 2012
Many of us make New Years resolutions to do something better this year that we havent done in the past. A great easy New Years resolution is to give more in 2012. You can give more of your time and vol...
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The Hidden Danger in Joint Bank Accounts
Dec 25, 2011
A woman in New Jersey had her bank account frozen because her daughter filed for bankruptcy. How can this happen? The woman had a joint account with her husband and when he died, she put her daughters ...
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Is a New York Health Care Proxy the same as a Living Will?
Nov 19, 2011
Health Care Proxy
A health care proxy assigns the power of making health care decisions to someone else. A person must be careful to choose someone he trusts completely for his health care proxy becau...
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Children of Civil Union Couples in New Jersey
Nov 05, 2011
Inheritance Tax in New Jersey
Following the death of a New Jersey resident, an inheritance tax return must be filed. Taxes are established at graduated rates on property with a total value of $500 or ...
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Do It Yourself Legal Matters
Oct 13, 2011
In these economic times, people are constantly looking for ways to save money and some are choosing to more things themselves rather than hire a professional. You might decide you can paint your garage...
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