Financial Planning Services
Posted: August 1, 2019
At its most basic level, upstream gifting is performed as follows: a client makes a gift to his grandmother of an appreciated asset, and she bequeaths it to him under her will. This ultimately eliminates the built-in gain.
Posted: July 19, 2019
Affording retirement is the most significant financial concern of New Jersey residents. That’s the key finding from the recent Kearny Bank Personal Finances Poll.
Posted: May 29, 2019
Can a robo truly replace or replicate a dedicated, independently certified and/ or credentialed human advisor? While it’s true a robo advisor is void of emotion, it does require a participant to have complete and total faith in the algorithm-based program.
Posted: March 14, 2019
When should we begin collecting Social Security benefits? With diligent planning and prudent advice from a CPA — their trusted adviser — married individuals may position themselves to make an informed decision.
Posted: February 21, 2019
The Tax Cuts and Jobs Act has created the Sec. 199A deduction, which could affect retirement-planning strategies used by business owners. For example, those who have income that is too high to qualify for the full deduction might want to contribute to retirement accounts to lower taxable income.
Posted: January 28, 2019
The Tax Cuts and Jobs Act (TCJA) made far-reaching changes including those that are relevant to divorce. Here are some highlights of the TCJA’s tax modifications that affect family law.