There are certain rules you have to follow to use this filing status... Read More My college student had income I didn’t know about. What now? The IRS will catch up with people who don't report their income. ... Read More Will my kids have to pay the inheritance tax? The rel...
In the state of New Jersey, the beneficiaries of the deceased (spouse, child, parent, grandchild, grandparent or stepchild) have to pay the Inheritance Tax Return if the total sum of the estate is more than $675,000. However, if it is less than this figure, the beneficiaries may file ...
There are certain rules you have to follow to use this filing status... Read More My college student had income I didn’t know about. What now? The IRS will catch up with people who don't report their income. ... Read More Will my kids have to pay the inheritance tax? The rel...
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 ...