15 Jul Mom wants to leave me her home. What happens with Medicaid? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning Medicaid will consider your assets when it reviews eligibility for benefits. ... Read More
08 Jul What happens when a revocable trust is amended? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning Assets in a revocable trust are still owned by the same trust even after it is amended. ... Read More
07 Jul Can I give money away without it being a taxable gift? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Taxes The lifetime gift tax exemption is $11.7 million in 2021.... Read More
06 Jul My mom died. How can I take over her car lease? Posted at 05:01h in Ask NJMoneyHelp, Credit, Estate Planning The lease contract will dictate your options when there is a death. ... Read More
05 Jul How can I choose an executor if I don’t want it to be family? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning There are several kinds of professionals you can hire to be your executor.... Read More
02 Jul What kind of taxes will be owed on this inherited home? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate Depending on timing, you may not owe much of anything. ... Read More
30 Jun My dad died and my siblings took everything. What can I do? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning You may have standing if a will's provisions were not followed. ... Read More
30 Jun Is money added to a joint account considered a gift? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning It depends on how the money is taken out of the account. ... Read More