Ask NJ Money Help

18 Sep Can a nursing home make me spend down an IRA?

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

If you work with an attorney, you may be able to shield some assets from Medicaid. ...

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17 Sep How long do I have to keep filing federal tax returns?

Posted at 06:06h in Ask NJMoneyHelp, Taxes

Unless you only have certain types of income, the IRS will come calling. ...

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17 Sep We’re selling our home to our son for cheap. Is it a gift?

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

Not all gifts will be taxable, but you do have to report it to the IRS. ...

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16 Sep What taxes and fees are owed on this home sale?

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

If it's a second home, your tax liability will be different. ...

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16 Sep I don’t need my IRA distributions. What next?

Posted at 06:02h in Ask NJMoneyHelp, Retirement

You have to take the distribution, but then you have options....

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13 Sep How can I find out about my husband’s 401(k)?

Posted at 06:07h in Ask NJMoneyHelp, Retirement

Here are some strategies to open up the conversation. ...

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13 Sep What’s the penalty for not taking an IRA distribution?

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

It's very costly to ignore your Required Minimum Distribution. ...

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12 Sep Staying on a home’s deed during a divorce

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

You should plan the best course for your home with an attorney....

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