January 2016 Archives

The late David Bowie's estate planning as brilliant as his art

New Jersey residents who are starting to think about how their assets will be passed along after they die should take inspiration from the careful estate planning achieved by the late singer and songwriter David Bowie. He died from liver cancer on his 69th birthday two days after the release of his final album, "Blackstar."

The interplay of capital gains and estate planning

Anyone whose estate plan was done years ago might want to review it in light of changes to federal tax laws. Historically, the focus of estate planning was to have an asset distribution aimed at avoiding federal estate taxes, but an increase in the estate tax exemption to $5.45 million for individuals in 2016 makes it likely that New Jersey taxpayers might be more concerned about other tax implications besides estate taxes.

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