The best thing to do with a large inheritance depends on what kind of financial planning you've already done, whether or not your inheritance is in a trust and if the money you've inherited is ...

Q. Do you think New Jersey will get rid of the inheritance tax? It seems so unfair and I only have nephews and not children. Why should they have to pay to get my money? -- Auntie A. The inheritance ...

Rather than ensuring we have enough saved up for our retirement, this tax will lead us to try and spend all our money––recklessly, if need be––in our last years. Alternatively, as we grow older, we ...

A. We're sorry to hear of your loss. New Jersey remains one of the few states that imposes an inheritance tax, said Richard Miller, an attorney and chair of the elder ...

Despite the prevailing wisdom that Section 529 accounts are not included in a decedent's taxable estate, the N.J. Division of Taxation has begun taking the position that at least in certain cases they ...

Baby boomers will transfer a jaw-dropping $30 trillion in wealth to their heirs over the next 30 to 40 years, and a lot of that wealth will be in the form of IRAs and employer-sponsored plans. Baby ...

“Death taxes,” the ominous name given to estate and inheritance taxes, create almost as much angst as the eventuality that triggers them. The federal estate tax applies when a person’s assets exceed a ...

When a widow approached CPA Ryan Dumermuth to help guide her through some insurance policies her late husband had left her, he discovered the insurance company had taken the opportunity to sell her ...

Ask a successful entrepreneur for some thoughts about economic egalitarianism and you're likely to hear an unhesitating denunciation. Themes such as equal opportunity vs. equal outcomes, lack of ...

Brown left this Canadian family in the red. The United Parcel Service lost a Canadian man’s $846,000 inheritance, and bank TD Canada Trust is refusing to refund the missing money 10 months later, ...

Thinking about a lump-sum withdrawal? You might want to reconsider it after considering the tax consequences. Baby boomers will transfer a jaw-dropping $30 trillion in wealth to their heirs over the ...