The Tax Cuts and Jobs Act of 2017 (the Act) signed into law by President Trump on December 22, 2017 made sweeping changes that affect individuals, businesses, trusts and estates.  This alert focuses on the impact of the Act on estate planning. Continue Reading Estate Planning is Still Important Even with the Passage of the Tax Cuts and Jobs Act

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With the ringing in of the New Year, residents of New Jersey woke up not only to a new federal tax law, but also to a change in the New Jersey Estate Tax. The estates of individuals dying on or after January 1, 2018 will not be subject to a New Jersey Estate Tax. The phase out of the New Jersey Estate Tax however does not mean estate planning is no longer necessary. Tax planning has always been only one cog in the wheel of estate planning.
Continue Reading New Jersey: Estate Planning Without An Estate Tax