New Jersey: 973.425.8420 New York: 212.202.2937
Net Unrealized Appreciation (NUA) is the difference in price you paid (cost basis) for your company stock and its fair market value today. For some of you, the NUA of your employer stock may be…
The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 eliminated the need for retirement account holders to take Required Minimum Distributions (RMDs) in 2020. While many individuals simply did not take their RMD,…
2020 will go down as a particularly unusual year. The pandemic brought large market swings, record unemployment and rippled through industries. In one way or another, it has affected how we live and work. Being…
Have you heard of an ING-teresting trust planning vehicle that can help to reduce or eliminate state income taxes upon the sale of highly appreciated assets? If you live in a high-income tax state such…
Part 3 of 4 Collections can grow organically or you may have a specific plan for acquisitions. Between seeking out items, researching them, and connecting with others about the objects, you’ve likely spent a great…
Like most election cycles, there has been a lot of talk about the direction of income taxes. While the results of the Senate race will not be known until January, we know that neither party…
The long-rumored Millionaire’s Tax in New Jersey is now law. After many tries the tax was approved effective January 1, 2020 via a vote in New Jersey’s legislature in late September. It’s estimated that the…
Thinking about taking advantage of the current federal estate exemption? A Spousal Lifetime Access Trust may play a critical role in your long-term estate planning. What is a Spousal Lifetime Access Trust (SLAT)? A Spousal…
As the year comes to an end, many people reflect on the time that has passed, holidays that are near, and family gatherings to come. It seems like no matter how well you plan to…
Anyone who watches ABC’s Modern Family knows the delightful chaos that permeates the home of Mitchell and Cameron, married fathers whose personalities couldn’t be more different. The couple, who got married during the series’ fifth…