Category: Inheritance

Tips for Maximizing Your Inheritance Value

September 28, 2017 Victor Medina Inheritance 0 Comments

Leaving behind, gifting, or transferring sizeable assets to family members through your estate plan could leave them subject to significant taxes. However, there could be major discounts associated with transferring real estate investments of equal value. For real estate investments in which the investor gives less than 50% of the asset, lack of voting rights […]

What to Do When You Want to Leave Behind Different Amounts for Your Children When You Pass Away?

May 18, 2017 Victor Medina Asset Distribution, Estate Planning, Inheritance 0 Comments

The most common estate plan today will leave assets equally to all of your children. In some situations, however, equal distribution is not desired nor does it make sense for your family members. Parents frequently have logical reasons for leaving behind differently-valued inheritances for their children. For example, a younger child may still have a […]

If You Don’t Plan Ahead, New Jersey Has An Estate Plan For You, And You’re Not Going To Like It

March 20, 2014 Victor Medina Asset Distribution, Beneficiary Designation, Estate Planning, Inheritance, Trusts, Wills 0 Comments

In New Jersey, if a person passes away without a will or trust, his or her estate assets are distributed according to what is known as intestate succession. It’s an estate plan of sorts, and for most people, not a very good one. Certain assets are not subject to New Jersey’s intestate succession laws. These […]

Dying in New Jersey

December 5, 2013 Victor Medina Estate Tax, Inheritance, Taxes 0 Comments

Despite the fact that the federal government has rolled out a generous federal estate tax law, certain states still levy estate taxes on amounts much lower than the federal threshold. As a recent article explains, New Jersey is one of those states. (In the article states with an “estate tax” are one color, and those […]