TestAs seen in NJMoneyHelp.com/NJ.com, August 29, 2018 Q. My parents say I’m the executor of their wills, but they refuse to give me a copy. I don’t want to be nosy but I’m worried about what happens when they die if I don’t have a copy. How can I convince them? […]
Einhorn Barbarito Tax and Estate attorney, Matthew S. Rheingold, quoted on changes taxpayers will see thanks to the Tax Cuts and Jobs Act (TCJA) in this NJ.Com article “Done with your taxes? Nope. Here’s what you need to know now for your 2018 tax return,” May 17, 2019.
Q. I have a question about what constitutes the hard limit of $100,000 of income for the retiree pension exclusion. If my wife and I have a combined income of $120,000 before deductions, but can legitimately deduct $28,000 due to large medical bills and health insurance premiums paid out of […]
Q. When my father died, he owned six EE savings bonds that were POD to me. Can I hold them to maturity or must I cash them now? A. Generally speaking, a payable-on-death “POD” account is a special type of account recognized under the law which provides that any assets […]