Inheriting an IRA from a parent has a unique set of rules you need to know, which will help you make the most of the money you inherit and avoid a tax-time surprise.
What Is the Best Thing to Do with an Inherited IRA?
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Estate Planning & Elder Law Blog
Will You Have To Pay New Jersey Estate Taxes?
The State of New Jersey imposes an estate tax that is separate from the federal estate tax. Under current law, estates with a total value of more than $675,000 are subject to the New Jersey estate tax. This is in addition to New Jersey inheritance tax....
PROTECT YOUR IRA
In this article we detail how best to protect your IRA. On June 12, 2014 the United States Supreme Court issued a unanimous decision holding that an inherited IRA passing to a non-spouse beneficiary is not a “retirement fund” and thus does not provide creditor...
Medicaid and the Primary Residence
The Problem: Will I Lose My Home If Nursing Home Care Is Ever Needed? What is the best way to protect your primary residence from Medicaid if nursing home care is ever needed? Many senior citizens are concerned with the thought “what will happen to my primary...