30 Apr Do I have to take a distribution from my inherited IRA? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes Beneficiaries get a break on taking a distribution because of the coronavirus crisis. ... Read More
27 Apr What are the rules when a beneficiary inherits an IRA? Posted at 06:06h in Ask NJMoneyHelp, Estate Planning, Retirement The SECURE Act changed how you must take distributions from inherited IRAs?... Read More
27 Apr What kinds of taxes will a trust be required to pay? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes Trusts can get hit with the highest tax rates out there. ... Read More
20 Apr Do my children have to pay my debts when I die? Posted at 06:02h in Ask NJMoneyHelp, Credit, Estate Planning Your estate may have to pay debts before your beneficiaries see any money. ... Read More
10 Apr My aunt died. What is my job as her executor? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning As executor, you must pay bills, file tax returns and distribute assets. ... Read More
07 Apr Am I responsible for my mom’s debts after she dies? Posted at 06:06h in Ask NJMoneyHelp, Estate Planning You can't distribute inheritances unless the deceased's debts are paid first. ... Read More
01 Apr My wife died last year. How should I file my 2019 tax return? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes You have choices for your tax return after the death of a spouse. ... Read More
31 Mar Can I deduct funeral expenses for my husband on my taxes? Posted at 06:06h in Ask NJMoneyHelp, Estate Planning, Taxes Here's why you can't take his funeral expenses on your personal return. ... Read More