J. Jeffrey Press, P.A.
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October 2019 Archives

A review of the federal gift tax

During the holidays, over loved ones' birthdays and for other special occasions, New Jersey residents may relish in offering to their friends and relatives tokens of their love and appreciation. These gifts may range from modest items of personal meaning to lavish assets with financial growth opportunities. Many gifts may be given without thought to the federal gift tax, but as gifts grow in value they may become relevant to this important financial consideration.

Fitting digital assets into an estate plan

Digital assets are emerging as a new source of investment and wealth for individuals all across the United States and even the world. In New Jersey, residents may not be familiar with cryptocurrencies like Bitcoin and other online only resources that individuals may keep in their digital wallets. Cryptocurrencies are not physical tokens or other tangible items that holders may trade; transactions using digital assets like cryptocurrencies occur online and through secure blockchain interfaces.

J. Jeffrey Press, P.A.
8 Wood Hollow Road
Plaza Level - Suite 2A
Parsippany, NJ 07054

Phone: 973-323-2654
Fax: 973-288-2070
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