07 Jul I’m getting a divorce. What happens to retirement accounts?
New Jersey is an equitable distribution state. Here's what it means. ...
07 Jul Can I give money away without it being a taxable gift?
The lifetime gift tax exemption is $11.7 million in 2021....
24 Jun What’s the best way to split my estate for my kids?
There are moves you can make to be sure your wishes are honored when you die. ...
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. ...