INTEGRATED TAX, LEGAL, FINANCIAL & BUSINESS PLANNING SOLUTIONS. Let our in-house Certified Public Accountants, Lawyers,Certified Financial Planners ®...
Prior to the SECURE Act, many estate plans could simply rely on the IRA stretch provision as a means to allow such assets to grow while minimizing the tax impacts of the inheritance. In addition, certain vehicles such as conduit trusts were instrumental in bequeathing assets while establishing ...
and strategies. Topics analyzed and discussed included 1) elder law; 2) asset protection; 3) statutory case law developments; 4) planning with financial assets including annuities, Roth IRA’s, and life insurance policies; 5) litigation and tax controversies; 6) networking and practice development...
(2) the New Jersey Inheritance Tax, and (3) federal and NJ income taxes. The executor needs to determine whether the first two taxes are due and must be paid. Income taxes must always be addressed by an executor on income received by the decedent...
A will may be the most basic estate planning document, but it also is very important because it is the foundation on which an estate plan rests. Your will determines how your property is distributed when you die. With a well-drafted will, you can minimize estate and inheritance tax, safeg...
And as long as your income does not exceed phaseout limits, your traditional IRA contribution can reduce your taxable income on your 2024 tax return. Review #2: Investments. If you own stock outside a tax-deferred retirement plan, you can sell your under-performing stocks by December 31st ...
INTEGRATED TAX, LEGAL, FINANCIAL & BUSINESS PLANNING SOLUTIONS. Let our in-house Certified Public Accountants, Lawyers,Certified Financial Planners ®...
Specific services offered include analyzing the tax consequences of inheritances, business exits/sales, settlements, cash flow and budgeting, real estate planning (for example, advice on selling a home or buying new property), second-marriage financial planning, long-term-care planning, end-of-life...