The Impact of the SECURE Act on Qualified and Non-Qualified Annuities The Setting Every Community Up for Retirement Enhancement (SECURE) Act, which took effect Jan. 1, 2020, makes sweeping changes to rules applicable to certain employer sponsored tax-deferred defined contribution (qualified) plans and to traditional IRAs. By Ernest H. Ehling Jr. and Richard Marmon

Irrevocable Life Insurance Trusts: Still Useful for New Jersey Residents? In addition to the usual tax planning reasons for an ILIT, ILITs may be used creatively by practitioners in a variety of circumstances to help achieve a client's goals effectively and efficiently, and should still remain a valuable tool in a practitioner's arsenal. By Stephen J. Pagano and Lauren N. Spitser

The Estate Planning Attorney's Role in Establishing Testamentary Capacity Although estate planning attorneys cannot be expected to be physicians capable of diagnosing medical conditions, they do need to look for signs of diminished capacity among older clients. By Roxanna E. Hammett

Move to Florida! But if You Can't, Use Non-Grantor Trusts to Avoid State Income Tax A non-grantor trust is deemed a separate income tax entity—the trust pays its own income tax on income it earns and retains from the assets it owns in any year. It's a creature of federal tax law. By Anthony F. Vitiello

Tension Between Site Remediation and Expeditious Estate Administration When considering environmental liabilities in the context of an estate administration, property owners can take proactive steps to abate the risk, or at least make it more manageable for their heirs. By Edward A. Hogan and James J. Costello Jr.

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