When planning your legacy, it's likely one of your first concerns is ensuring your children or grandchildren inherit assets that enrich their lives. Unfortunately, certain inheritances can be a ...
An inheritance often is seen as a financial windfall, but there are times when people may want to consider saying thanks, but no thanks. Receiving a sizable gift, if not structured properly, can have ...
If you’re lucky enough to have inherited some assets from someone who died, you might not feel so lucky when you discover you may owe taxes on them. Depending on where the person who died lived, how ...
A. We’re glad you’re trying to plan ahead. You do have some options, but it will take some planning. Let’s start at the beginning. The New Jersey inheritance tax is a tax levied on certain transfers ...
Benjamin Franklin referred to death and taxes as "the only certainties in life." And the inheritance tax touches on both. It's a levy on money, property or other assets a person leaves to others after ...