Ask NJ Money Help

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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01 Sep I sold a vacation home. Do I owe the exit tax?

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

The so-called exit tax is really an estimated tax levied on some home sales. ...

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31 Aug Do I have to pay back CARES Act withdrawal to the same account?

Posted at 06:03h in Ask NJMoneyHelp, Retirement, Taxes

You have three years to make decisions about these early withdrawals. ...

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31 Aug My car was totaled. Do I have to pay back the car loan?

Posted at 06:02h in Ask NJMoneyHelp, Credit

Even if your car is totaled, you have to pay your loan obligations. ...

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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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28 Aug Will I be charged a fee if I sell a home for $1 million?

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

Sellers will face a fee to record the deed after a home is sold. ...

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27 Aug Can I skip my annuity payment in 2020 because of the CARES Act?

Posted at 06:03h in Ask NJMoneyHelp, Retirement, Taxes

The CARES Act has made changes for some retirement account distributions. ...

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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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