Guest Post: Tax Tips to Help You for Your 2018 Taxes

I have always believed that asset protection goes beyond just legal planning and must include among others, accounting planning expertise to implement a truly protective and holistic plan. We have been so pleased to have met Larissa N. Scarangella CPA. Ms. Scarangella has the same philosophy and mindset when helping people and found her insights valuable. Here is some important information she has graciously shared Read More

How Does the SSA Calculate Cost of Living Increases?

This article originally appeared on ElderLawAnswers Next year, Social Security recipients will see a 2 percent raise in benefits, the largest increase in six years. For Social Security Disability Insurance (SSDI) recipients, the average monthly benefit will go up from $1,170 to $1,180, not including people who are blind, for whom the monthly rate is significantly higher. For Supplemental Security Income (SSI) Read More

4 Ways You Can Improve the Value of Your Business

If you are planning to sell your business or you are considering putting your business on the market, you want to present your enterprise as a profitable, money-making venture. The valuation process will determine how much your business is worth based on a variety of factors—from appraising your physical assets to projecting future cash flows. Therefore, getting a higher valuation will allow you to obtain a higher Read More

The 4 Benefits of a Home Inspection

Buying a new home can be both an exciting and scary process. Unfortunately, many people do not know what to look for in order to spot problem areas before they buy. That is one of the many reasons that buyers frequently use the services of professional home inspectors to look over the home. There are many advantages to obtaining a home inspection before you buy. A few of the main benefits are described below: Read More

Understanding the Property Tax Appeals Process in New Jersey

Property taxes vary by the assessed value of your property. The tax assessment is a specific percentage of the market value of your property. The market value of your real estate will vary from year to year, which is why your taxes will change as well. In addition, the percentage of tax (often referred to as the “tax ratio”) will vary by the municipality and may change annually as well. In fact, the State Department Read More

How to Maximize the Appraisal Value of Your Home

Increasing the appraisal value of your home can help you sell it for top dollar. The appraised value may not be in line with what you actually paid for the home because the appraiser’s job is to determine what the house would be worth based on the market as it stands today. You can make certain changes to maximize the appraisal value of your home, which can be helpful whether you are selling or trying to Read More

4 Things Every Purchase Offer Agreement Should Include

Making an offer on a house can be an exciting, yet scary time for any soon-to-be homeowner. One of the most confusing aspects of purchasing a home is going through all of the contracts and paperwork necessary for the transaction. The purchase offer agreement is one such document that should give you pause. In addition to obvious terms, such as the purchase price and amount of down payment, every real estate Read More

Before You Go Solar, These Are the Essential Solutions That Need Answers

Solar energy is probably one of the most popular questions we are asked about in real estate. It's a great way to save money, and help the environment. Often, however, we still are unsure how it exactly works to help our clients. We recently spoke to Jerry Donovan of Direct Energy Solar, https://www.directenergysolar.com. Jerry was kind to field some frequently asked questions. We highly recommend taking a look Read More

What to Do If You Think Your Property Tax Is Too High

New Jersey homeowners generally pay property tax each year in four installments. They are due every February 1, May 1, August 1, and November 1. Owners usually receive the final tax bill itself in July or August. Property taxes are based on the value of your home. If your home is overvalued, then your taxes may be higher than they should be. Property values are not fixed, and they fluctuate from year to year. If Read More

Advantages and Disadvantages of Creating a Living Trust

A revocable living trust is similar to a testamentary trust, but it is established while you are alive, and you have the power to change it or adjust it as you see fit. It has a trustee that will administer the funds and beneficiaries. In this type of trust, you can be both the trustee and the beneficiary if you so desire. You can also set up a non-revocable living trust, which means that you cannot alter or destroy Read More