New Jersey lawmakers surprised everyone in late 2016 when, as part of the state gas-tax bill, they also agreed to phase out and repeal New Jersey’s onerous estate tax. The abolishment of this New Jersey…
Authors: Matt Masterson and Brent Beene Donor Advised Funds (DAFs) are a simple and flexible way for individuals to donate appreciated securities and direct those funds to their favorite charities. In addition to contributing public…
It is my experience in dealing with gifting strategies that about two-thirds of all planned gifts to charities fall into that old standby category: The bequest. It’s an easy planned gift. The donor simply inserts…
One thing I love about kids is their directness. They call things as they see them, rather than using jargon or seeing them through a complicated adult lens. Example: When my daughter Kaitlin was two…
As a Wealth Advisor, I work regularly with clients who have a great interest in making donations to charity. Although they could easily write checks to their favorite nonprofits, I usually suggest my clients look…
Benjamin Franklin is often credited for the well-known phrase “…in this world nothing can be said to be certain, except death and taxes.” If Franklin lived in New Jersey today, he’d undoubtedly stand by that…
Helping your kids and grandkids save for their future can be incredibly rewarding. You get the pleasure of sharing your wealth (possibly in a very tax-efficient way), and your kids/grandkids get the chance to start…
In a recent blog, we talked about the tax-savvy option of donating appreciated stock to your favorite charity instead of writing a check. You may also have another option if you’d like to be philanthropic—and…
In New Jersey, real estate taxes are a common sore point. We maintain the dubious distinction of having the highest property taxes in the country. In 2014, average taxes rose to $8,161 per property. While…
This is the time of year when many investors begin reviewing any tax moves to make before the year ends. A common one is harvesting losses. If you’ve sold some lucrative stocks and will report…
