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ESTATE ADMINISTRATION: FISCAL OR CALENDAR YEAR?

ESTATE ADMINISTRATION: FISCAL OR CALENDAR YEAR?   As the executor of an estate, one of the major choices you’ll make is whether to choose the calendar year or the fiscal year as the estate’s taxable year. You’ll have a choice because the estate is its own...

May is Allergy and Asthma Awareness Month

  May is Allergy and Asthma Awareness Month   Who has life-threatening allergies? Approximately 6 million children in the United States have food allergies.   What is a food allergy? The Mayo Clinic defines a food allergy as “an immune system reaction...

WHAT ARE POWERS OF ATTORNEY AND WHY DO I NEED THEM?

  WHAT ARE POWERS OF ATTORNEY AND WHY DO I NEED THEM?   I. What is a POA? A Power of Attorney (aka POA or letter of attorney) is a written authorization to represent another person or to act on behalf of another person in any private matter, such as...

April is World Autism Awareness Month

  April is World Autism Awareness Month What is Autism?   According to the Centers for Disease Control and Prevention, Autism Spectrum Disorder (aka ASD or autism) is a developmental disability caused by differences in the brain. People with autism often...

New Jersey: A Desirable State for High-Net-Worth Individuals

  New Jersey: A Desirable State for High-Net-Worth Individuals How New Jersey has become more attractive to high-net-worth individuals New Jersey has no estate tax. As of January 1, 2018, New Jersey eliminated its estate tax.   New Jersey law protected its...

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