Four Important Considerations If You Win the Lottery
By Canarick & Canarick |
On March 27, 2024, New Jersey state lottery officials announced the winning ticket of the largest lottery prize in the ...
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Estate and Legacy Planning Tips for the Suddenly Wealthy
By Canarick & Canarick |
Suddenly coming into money can be both a blessing and a curse. Whether you just signed a multiyear, multimillion dollar ...
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What Is a Dynasty Trust and Why Should You Consider One?
By Canarick & Canarick |
If you have significant wealth, one of the best ways to protect your family and transfer your wealth is through ...
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Should You Share Your Estate Planning Details With Loved Ones?
By Canarick & Canarick |
When you decide to create a comprehensive estate plan, there are many things to consider. One is whether to tell ...
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Testamentary Trusts: The Best of Both Worlds
By Canarick & Canarick |
You have several different options when it comes to creating the right estate plan. Some people believe that a revocable ...
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Why You Might Have an Estate Tax Issue Soon
By Canarick & Canarick |
The Countdown Begins: Will We Keep the $10 Million Exemption? The year 2026 is quickly approaching, bringing substantial changes that ...
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Client Alert: CTA Imposes New Small Business Reporting Requirements Effective January 1, 2024
By Michael Canarick |
As of January 1, 2024, a new law called the Corporate Transparency Act (CTA) has gone into effect, which may ...
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2024 Federal Estate & Gift Tax Amount & New York Basic Exclusion Amount
By Michael Canarick |
On November 9, 2023, the IRS issued Revenue Procedure 2023-34, providing the annual inflation adjustments for tax provisions to be used ...
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Important Tax Update
By Michael Canarick |
Last week, the House Ways and Means Committee released its proposed tax plan to fund the $3.5 trillion “Build Back ...
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Proposed Bills Which would Negatively Impact Gift & Estate Tax Laws
By Michael Canarick |
The aggressive changes being sought after are an indication that some level of transfer tax reform is likely to be ...
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