o Guardians or Your Children: It’s tough enough to name a guardian for your children in your will, but what if your trust is misplaced? Everyone worries about who will be raising their child. What if the guardian develops a drug habit? Fails to care adequately for your children? Most people set up trusts for…
Power of attorney is a basic standard document in which you name a person (agent) to handle legal and tax matters if you can’t. Call a general practice attorney and they’ll likely quote you a price of $100-$350 for such a document. But what are you really getting? In some cases a typed version of…
You’re planning your retirement and estate. Your financial planner develops a budget and plan. The budget results will determine cash flow needs upon which investment strategies may be based. These strategies then need to be coordinated with your overall estate, asset protection, and other planning. Too often projections are flawed and lead to inappropriate product…
o NJ Tax Increase: On July 8, 2006 NJ Governor Corzine signed into law 14 bills related to the 2007 fiscal year Appropriations Act L. 2006, A4706, effective 07/08/2006 adds a 4% surcharge on corporation business tax for years ending in fiscal 2007, 2008 and 2009, and increases minimum tax under the corporation business tax. The…