In re Estate of Joel Perkel, No. A-0283-20, 2022 WL 17660550 (N.J. Super. Ct. App. Div. December 14, 2022) The plaintiffs, Jane Perkel (“Jane”) and Robert Perkel (“Robert”), were siblings and the children of the decedent, Joel Perkel.  Jane and Robert appealed from a judgment dismissing their complaint to challenge their father’s will and seek […]

C.L. v. Division of Medical Assistance and Health Services and Bergen County Board of Social Services, 473 N.J. Super. 591 (App. Div. 2022) C.L. appealed from the denial of her request for Medicaid benefits by the Division of Medical Assistance and Health Services (“DMAHS”).  C.L. had previously purchased an annuity contract with the Croatian Fraternal […]

The IRS released proposed regulations regarding certain changes to the required minimum distribution (RMD) rules for retirement plans resulting from the passage of the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019).  The proposed regulations impact a broad range of retirement plans, including qualified defined benefit plans and defined contribution plans […]

The IRS recently announced that victims of Hurricane Ida in some parts of New Jersey and New York now have until January 3, 2022 to file various individual and business tax returns and to make tax payments. The IRS is providing relief to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying […]

Recently we have seen a flurry of proposed legislation, which if enacted, will bring unprecedented changes to the tax and estate planning landscape.  Although the outcome of the proposed legislation remains unknown, taxpayers who may be affected by the enactment of these laws should review their estate and tax planning documents to determine if changes […]