05 Apr Does N.J. give a tax break for paying down student loans?
There are education credits but not for paying down student debt....
02 Oct Will our daughter’s old creditors come after money we gift her?
Old debts can come back to haunt you, so protect your assets. ...
15 Jul Should my son inherit or be gifted this home?
There's a tax difference that's important to consider. ...
27 Feb Should I gift my assets to avoid gift and estate taxes?
You can use annual gifts to transfer property to your heirs. ...
16 Jan How can I help my daughter pay her mortgage?
Unless you're on an obligation, money you give for a debt is a gift. ...
05 Dec Will a joint savings account be considered a gift?
The IRS has very specific ways to look at funds in a non-spouse joint account....
14 Nov How can I give a money gift in secret?
There are several options if you want to give anonymously. ...
28 Oct What’s the smartest way to gift my home?
There are several gifting strategies to consider before making a move. ...
18 Oct We’re giving our house to our son. Will this strategy work?
The idea of using gifting strategies to transfer a home to an heir. ...
08 Oct Should I gift money to my kids now or wait to save taxes?
You should take your total financial plan into account before you decide. ...