High Net Worth Families

New Jersey estate planning is a bit different than it is in just about every other state because we have some additional taxes that we must contend with as citizens of the Garden State. Everyone in the United States has potential exposure to the federal estate tax. The deciding factor with regard to whether or not your heirs will be asked to pay the tax is the estate tax exclusion. A certain amount of money can in fact be passed on free of taxation. Right now that figure is $5.12 million, but … [Read more...] about Highly Successful Individuals Have Added Concerns