03 Aug I never reported Mom’s death to the IRS and Social Security. What now? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Taxes The executor or administrator is responsible for filing tax returns. ... Read More
02 Aug What makes a power of attorney legal in N.J.? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning If you don't properly execute the document, there could be trouble down the road.... Read More
30 Jul What happens to my daughter’s Medicaid if I leave her my home? Posted at 05:02h in Ask NJMoneyHelp, Estate Planning It will depend on the Medicaid program and what she does with the house. ... Read More
28 Jul I’m selling an inherited home. What taxes will be due? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Taxes Your tax basis is generally the fair market value on the decedent’s date of death. ... Read More
26 Jul What happens if I don’t change a deed after a parent dies? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning You need to record a deed before you can sell a property. ... Read More
23 Jul My dad won’t sign off on our inheritance. What can we do? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning You may need to have a court decide when there is a dispute.... Read More
19 Jul How can this retired police officer qualify for Medicaid? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Retirement Medicaid has very strict income eligibility requirements. ... Read More
19 Jul I was Mom’s power of attorney. Do I need to be named administrator? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning Different documents govern powers when you're alive and after you die. ... Read More