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Greg englesbe your home and the new jersey estate tax

Greg Englesbe is a Cherry Hill, New Jersey based mortgage industry professional. He is the CEO of E Mortgage Management, so his company allows people to realize their dreams of homeownership.

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Greg englesbe your home and the new jersey estate tax

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  1. GREG ENGLESBE YOUR HOME AND THE NEW JERSEY ESTATE TAX

  2. GREG ENGLESBE Greg Englesbe is an individual who provides financing for people who want to purchase property in the state of New Jersey. He founded E Mortgage Management 2003, and he serves as the Chief Executive Officer of the Mount Laurel- based company. In many areas of New Jersey, real estate values are quite high. There is a state-level estate tax in the Garden State, so there can be legacy planning implications if you are a homeowner.

  3. GREG ENGLESBE When people ask financial experts like Greg Englesbe about estate tax exposure, they will touch upon the estate tax exemption or exclusion. This is the amount that can be transferred before the estate tax would be applied. In the state of New Jersey, the state- level estate tax exclusion is $675,000 at the time of this writing. This is the lowest exclusion in the country among states that have state- level estate taxes. Your home is part of your estate for estate tax purposes.

  4. GREG ENGLESBE The value of your home alone could consume the exclusion that is available to be applied to the estate what is being transferred after your passing. For example, let's say that your home is worth $900,000.

  5. GREG ENGLESBE The portion of its value that exceeds $675,000 would be subject to the New Jersey estate tax. Plus, transfers of other forms of property would be taxable. If you work with a mortgage broker like Greg Englesbe to build your real estate portfolio, you should certainly take this dynamic into account, because there are steps that you can take to mitigate your estate tax exposure.

  6. FOR MORE INFO VISIT OTHER PROFILE LINKS OF GREG ENGLESBE https://gregenglesbe.wordpress.com/ http://gregenglesbe.tumblr.com/ https://medium.com/@gregenglesbe http://gregenglesbe.livejournal.com/ http://gregenglesbe.strikingly.com/ http://www.authorstream.com/gregenglesbe/ https://issuu.com/gregenglesbe

  7. THANK YOU FOR YOUR TIME!

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