NJ Inheritance Tax
Inheritance Tax, also referred to as the death duty, is the set of taxes which has to be paid by the heir on inheriting the estate of a deceased person. This tax is calculated after
Tangible personal property: plan well to avoid family disagreements
People who provide for their beneficiaries in their estate planning documents generally do a good job with their financial assets but are oftentimes remiss in providing detailed instructions regarding their tangible personal property (ie. household
New Jersey inheritance tax
If you live in New Jersey, then you’re lucky enough to live in one of the two states that collects both a separate state inheritance tax and estate tax (the other is Maryland). Currently the
Asset Protection for Physicians
Where physicians are most likely to lose wealth is through bad marriages, bad investments, bad tax planning, or a combination thereof.
Life insurance for disabled or special needs children
When a child is born, many people purchase a life insurance policy for him or her. The parent is typically the owner and beneficiary of the policy, and many of these policies are known as
The questions most frequently asked about probate in New Jersey.
1) How do I begin the probate procedure? The person that wishes to be appointed to represent the Estate will bring a certified copy of the death certificate and the original Will. While the Surrogate
Pennsylvania’s 2010 Tax Amnesty Program
Our firm recently successfully filed several client's state amnesty applications.
Medicare and Medicaid Basics
Medicare Medicare Part A covers up to 100 days of “skilled nursing” care per spell of illness. However, the definition of “skilled nursing” and the other conditions for obtaining this coverage are quite stringent, meaning
New York Penalty and Interest Discount (PAID) program
In the state's press release, they mention they are increasing their enforcement efforts to collect unpaid bills.
New Jersey State Income Taxation of 2010 Conversion of a Traditional IRA to a Roth IRA
Therefore, New Jersey also conforms to the...provision regarding the Federal Income Tax reporting of a distribution from an IRA which the taxpayer converts into a Roth IRA this year in 2010.
INHERITANCE TAXES IN NEW JERSEY RATES
Consideration of tax aspects can save heirs money.
Conservatorship or Legal Guardianship?: How Do You Know When It’s Needed?
The appointment of a legal guardian is something that's not taken lightly