December 10, 2018 |
IRS Announces New Gift Tax for 2019 Estate Tax Limits
The IRS recently announced their 2019 details about gift tax and estate tax limits. The official limits for 2019 increased the individual estate and gift ...
Learn MoreIRS Announces New Gift Tax for 2019 Estate Tax Limits
The IRS recently announced their 2019 details about gift tax and estate tax limits. The official limits for 2019 increased the individual estate and gift tax exemption to $11.4 million per person up from $11.18 million in 2018.
This means that you are eligible to pass on up to $11.4 million to beneficiaries and heirs without paying any federal, estate or gift tax. This also means that a married couple can pass on as much as $22.8 million with appropriate shielding strategies recommended by an estate planning attorney. The annual gift exclusion will stay the same at $15,000. 
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Blog
December 5, 2018 |
What is the Role of a Will Executor in NJ?
Are you trying to decide who to appoint as your will executor in New Jersey? This important decision could have ripple effects for your entire ...
Learn MoreDecember 4, 2018 |
What Is Bunching of Charitable Contributions?
Since the new tax laws in place doubled the standard deduction to $12,000 for single tax payers and $24,000 for those married filing jointly, this ...
Learn MoreDecember 3, 2018 |
Do Beneficiary Designations Really Matter After Your Second Marriage?
Your estate planning documents certainly need to be updated after you get married for a second or third time, but have you overlooked this common ...
Learn MoreNovember 29, 2018 |
What Is an I Love You Will?
Since the federal estate tax exemption is at an historically high level of over $11 million, this leads to many questions brought by a client ...
Learn MoreNovember 28, 2018 | fiduciary
Avoiding Trustee Issues
An uncooperative trustee named as responsible for your trust management could prove especially problematic for your loved ones but only after the fact when you ...
Learn MoreNovember 26, 2018 |
Two Trust Tips for Blended Families and Second Marriages
Contemplating your estate planning considerations after getting married for a second time is especially important because there are critical issues that could easily be overlooked ...
Learn MoreNovember 21, 2018 |
Where Have You Stored Your Important Information?
When your loved ones come home to help you deal with a significant medical crisis or even to help you wrap up your estate after ...
Learn MoreNovember 20, 2018 |
What Can You Learn from Stan Lee’s Estate Planning?
Stan Lee recently passed away and details show that his tangled estate planning could be a complicated web for heirs to navigate. Unfortunately, far too ...
Learn MoreNovember 19, 2018 |
Your Estate Planning Review Year-End
Has your life changed at all in the last year? Did you have estate plans contingent on prior versions of tax law that are no ...
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