02 Jan How do reverse mortgages work? Should I get one? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate You should not enter into a reverse mortgage lightly. Do the research. ... Read More
01 Jan Can a dead person’s ANCHOR be reissued in heirs’ names? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes The most recent ANCHOR benefit is for the 2021 tax year. ... Read More
31 Dec The state doesn’t answer our calls. Can you explain the pension exclusion? Posted at 05:01h in Ask NJMoneyHelp, Taxes You may be able to escape state income taxes if you qualify.... Read More
30 Dec Do I lose ANCHOR and other benefits with a house in a trust? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate, Taxes The specifics of the trust matter so it's worth meeting with a professional.... Read More
28 Dec Why won’t the bank release part of this inherited account? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning Banks must follow certain rules with accounts held by people who died. ... Read More
26 Dec How can I maximize my kids’ inheritance from these IRAs? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Retirement, Taxes There are strategies to use, but the IRS will want its part eventually. ... Read More
25 Dec I own a home with a partner. Do we both full ANCHOR benefits? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes The ANCHOR benefit pays up to $1,750 to homeowners and $700 for renters. ... Read More
24 Dec Can I save on taxes when I sell my second home? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes It depends on whether you ever rented out the home. ... Read More