14 Jun My adult kids inherited a home. What taxes are due? Posted at 05:02h in Ask NJMoneyHelp, Estate Planning, Taxes The inheritance tax is based on the relationship between the deceased and the beneficiary. ... Read More
14 Jun Do I need a trust in case something happens to me? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning There are many reasons someone may want to establish a trust. ... Read More
11 Jun Do I have to pay the exit tax after selling house at a loss? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Not every seller will be subject to the so-called exit tax. ... Read More
11 Jun My wife died. What taxes will I owe on a home sale? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes You may be eligible for a capital gains tax exclusion when you sell. ... Read More
10 Jun What are my rights when someone adds me to a bank account? Posted at 06:02h in Ask NJMoneyHelp, Taxes You can access the account but you won't have a tax liability. ... Read More
10 Jun How can I get out of my variable life insurance policy? Posted at 06:02h in Ask NJMoneyHelp, Insurance There are some choices you have to switch this policy to another. ... Read More
09 Jun My sister put my inheritance in her name. What are my rights? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning The executor of an estate has responsibilities to the beneficiaries.... Read More
09 Jun When should I take my first IRA distribution? Posted at 06:02h in Ask NJMoneyHelp, Retirement The SECURE Act changed when people need to take distributions from IRAs. ... Read More