Tag: beneficiary

November 30, 2017February 22, 2021Life Insurance Trust, NJ Inheritance Tax

Benefit of a Life Insurance Trust after the Repeal of NJ Estate Tax

As we get closer to the repeal of the New Jersey Estate […]

October 3, 2017February 25, 2021Special Needs Planning, Trusts

NJ Special Needs Trusts: Can the Trustee Buy Clothing?

Although the federal government clearly changed the rules in 2005 to allow […]

January 23, 2017February 26, 2021Estate Litigation, Estate Planning, Estate Tax, Titling of Assets, Trusts, Will

Why Titling Of Assets Is So Important In Second Marriages

I was talking to another estate planning recently and discussing how much of our […]

May 3, 2016March 2, 2021Compromise Tax, Estate Tax, Federal Estate Tax, Florida, Inheritance Tax (相続税）, New Jersey, New York, Pennsylvania, Trust Planning, Trusts

Reasons to Value a Trust

Recently I gave a lecture on the valuation of trusts.  While I […]

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 13, 2015March 4, 2021Compromise Tax, Dynasty Trust, Inheritance Tax (相続税）

Dynasty and Generation Skipping Trusts Can Trigger a Compromise Tax

A number of years ago I wrote about the dangers of accidentally […]

March 7, 2014March 5, 2021Administrator, Commissions, Estate Administration, Executor, New Jersey

Executor Commissions: Calculating in New Jersey

From time to time, people ask me about trustee and executor commissions in New […]

March 5, 2012March 11, 2021Estate Tax, Inheritance Tax (相続税）, Life Insurance, Life Insurance Trust, NJ Estate Tax

Is there an Inheritance Tax on Life Insurance Proceeds?

One of the biggest misconceptions people have about life insurance is how […]