Pamela Avraham's Blog – February 2016 Archive (2)

Are you the Guardian of Mom, Dad or a sibling? Are you an attorney, health care practitioner or financial adviser who works with individuals with disabilities or the elderly?

Urbach & Avraham has been active in The Guardianship Association of NJ (GANJI) for over 20 years. GANJI is presenting its 17^th annual conference on March 15, 2016 at the Forsgate Country Club in Monroe Township, NJ.

Who Should Attend?

Attorneys, professional and family…

If you are the executor of an estate or the trustee of a trust, you should know that egregiously high income tax rates apply to estates and trusts at very low levels of income.  In 2015, for estates and trusts, the 39.6% income tax rate as well as the 3.8% Net Investment Income (NII) tax kicks in at $12,300 of income. That’s not very high. And don’t forget, you don’t need $12,300 of investment income to pay the NII tax. If the total income exceeds the $12,300 threshold, the…