Estate Planning & Tax Controversy

General A.  Under the Act a new deduction is introduced effective for tax years beginning after December 31, 2017, available to individuals, trusts, and estates.

Data from CoinMarketCap.com shows that the market capitalization for all crypto virtual currencies is currently at approximately 300 billion dollars.  Of that amount Bitcoin’s market share represents about 158 billion dollars, and the second largest cryptocurrency, ethereum/ether has about a 50 bill

Most of the buzz surrounding the new tax law effective this year has been on corporate income tax rate reductions, treatment of pass through entities, limitations on state and local deductions and other higher profile income-tax related changes.  For estates, the one big change is the increase of th

The Tax Cuts and Jobs Act is a major change to estate planning.  We encourage you to contact the Firm to review and update your estate plan.  We recommend that clients review their estate plan at least every five years, or sooner if there are changes in your financial or personal life, changes in yo

New Jersey’s Advance Directive for Health Care Act (the “Act”) guarantees the right of an individual to make decisions regarding his or her healthcare.  But what happens if those decisions and wishes are ignored?  Morris County Superior Court Judge W.

Today, the U.S. House of Representatives and the U.S.

Last week, we covered some of the important provisions in the Tax Cuts and Jobs Act passed by the U.S.

In November, the U.S. House of Representatives passed the Tax Cuts and Jobs Act, sending the bill to the U.S.

Welcome to the new MDM&C Estate Planning and Tax Controversy Blog!  Through this medium we hope to deliver valuable information relevant to private client services including but not limited to trusts and estates, wills, estate administration, and tax controversy.

Many of us have digital assets.  Until now, the fiduciary you selected in a Will or other document may not have had the legal right to obtain, manage or distribute those assets.  Even if you had a Will or similar document prepared within the past few years, it probably did not contain provisions whi