October 10, 2018February 19, 2021Basis, Diclaimer, Estate Tax, New Jersey, Revocable Grantor Trust, Revocable Intervivos Trust, Will Repeal of the NJ Estate Tax – Should married couples update their wills? Effective January 1, 2018, New Jersey repealed its estate tax. The question […]
October 24, 2016February 26, 2021Basis, Capital Gains Tax, Estate Planning, Florida, Income Tax, IRA, Medicaid, NJ Estate Tax, NJ Inheritance Tax, Snowbird, Uniform Trust Act NJ Estate Tax Repeal: How Does This Affect You? It’s official. According to NJ.com, Governor Christopher Christie has signed a bill to repeal the […]
March 29, 2016March 2, 2021Basis, Estate Administration, Executor, Federal Estate Tax, Probate, Tax, Tax Returns Requirement of Executors to Report Basis of Assets When Administering an Estate – FollowUp The IRS has released new regulations that have extended the due date […]
February 7, 2016March 2, 2021Basis, Estate Administration, Executor, Federal Estate Tax, Tax, Tax Returns IRS Releases Form 8971 – Executors Now Required to Report Basis of Assets When Administering Estate For many years the IRS and beneficiaries of estates had a problem […]
July 29, 2011March 15, 2021Basis, Capital Gains Tax, Estate Administration, Estate Planning, Estate Tax, Gift Tax, Inheritance Tax (相続税) Step-Up in Basis Rule — Common Mistakes When a person sells property, that person has to pay a tax […]
December 28, 2009March 19, 2021Basis, Capital Gains Tax, Estate Administration, Estate Tax, Politics Understanding Basis If you want to sell an asset, particularly a valuable asset, no […]