Skip to content

Blog

Tax Issues on the Family Home for Loved Ones

Tax Issues on the Family Home for Loved Ones

NJ.com’s recent article, “Complex inheritance taxes on a home,” explains the valuation of a home based on its fair market value (FMV) on the date

Read More
Simple Estate Planning Tools

Simple Estate Planning Tools

When we look at the steps taken in our investing lives, the basics are simple. As working investors in the initial stages, the priority is

Read More
What… My Taxes are Going Down? What Gives?

What… My Taxes are Going Down? What Gives?

There could be more reductions in the offing, as lawmakers in Minnesota recently raised the state's estate tax exemption to $2.1 million retroactive to January.

Read More
How Do I Collect as the Sole Beneficiary for a Family Member Who Lives Out-of-State?

How Do I Collect as the Sole Beneficiary for a Family Member Who Lives Out-of-State?

NJ.com’s recent article, “Inheriting money from out-of-state relative,” explains that with a power of attorney, you will be able to manage the family member's affairs

Read More
Widows and Widowers Get Break with New Tax Ruling

Widows and Widowers Get Break with New Tax Ruling

Forbes’ recent article, “IRS Offers Estate Tax Relief To Widows And Widowers,” advises that some quick action may be needed to take advantage of the

Read More
Check on Your Beneficiaries…Today!

Check on Your Beneficiaries…Today!

When you pass away, what you leave to your loved ones is important, but so too is how you leave those assets. Making certain that

Read More
Administrator Must File for Portability for Surviving Spouse, Court Says

Administrator Must File for Portability for Surviving Spouse, Court Says

The administrator of a decedent's estate in Oklahoma appealed an order from the trial court forcing the administrator to file a federal estate tax return

Read More
How to Split the Lake Cabin among the Kids

How to Split the Lake Cabin among the Kids

Financial Planning’s recent article, “Save clients from tax pitfalls, family strife when passing on that lake cabin,” says that a parents’ well-meaning bequest could wind

Read More
Playing with Fire? Having an Annuity in Your Traditional IRA

Playing with Fire? Having an Annuity in Your Traditional IRA

“If your IRA holds an annuity, you may or may not have to include its value when figuring your required minimum distribution.”

Read More
You’ve got a Will. That’s great… Now, where is it?

You’ve got a Will. That’s great… Now, where is it?

“Many Americans die without telling their family members where to find their wills or how their estates will be divided and why, according to a

Read More

Learn More about Deferred Charitable Gift Annuities

“For those who would like to leave a legacy and include a gift to charity in their estate plan, a Deferred Charitable Gift Annuity is

Read More
How is Life Insurance Taxed in an Estate?

How is Life Insurance Taxed in an Estate?

“Life insurance can pass to your heirs free of tax, if you name the right beneficiary.”

Read More

SUBSCRIBE TO OUR MAILING LIST

CONTACT US

FOR YOUR ESTATE AND ELDER LAW NEEDS