Estate Planning

09 Sep What taxes do I have to pay on an inheritance from N.Y. resident?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes

There are several rules when it comes to inheritance taxes. ...

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08 Sep I was given a gift of $45K. How much do I owe in taxes?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes

When you receive a gift in New Jersey, you won't owe any taxes. ...

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01 Sep How should I gift these shares of stock to my grandchildren?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning

Accounts started for a child will need a custodian until they become legal adults. ...

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28 Aug How can my kids share my 401(k) plan when I die?

Posted at 06:03h in Ask NJMoneyHelp, Estate Planning

Beneficiary designations will determine who receives your 401(k) when you die. ...

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27 Aug Can my wife take over my car lease if I die?

Posted at 06:02h in Ask NJMoneyHelp, Credit, Estate Planning

The terms of the lease contract will dictate what happens if you die. ...

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26 Aug How fast do we have to empty out this inherited IRA?

Posted at 06:04h in Ask NJMoneyHelp, Estate Planning, Retirement

The SECURE Act made changes to how people must take funds from an inherited IRA. ...

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26 Aug Will my mother’s life insurance policy cause a Medicaid penalty?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning

Medicaid will look back at five years of financial records before you will get benefits. ...

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24 Aug Can I evict my brother from a house we inherited?

Posted at 06:02h in Ask NJMoneyHelp, Estate Planning

Much depends on the wording of the will and what's to happen to the home proceeds. ...

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