Tuesday, August 26, 2014
Changes May be Coming to New Jersey’s Inheritance and Estate Tax
A repeal of New Jersey’s inheritance tax is being considered by lawmakers in the state. A change to the current inheritance and estate tax system has been suggested by the state’s governor, Chris Christie. Possibly raising the threshold for the estate tax from the current $675,000, is also being considered.
See, New Jersey Lawmakers Consider Repel of State’s Inheritance Tax, CBS New York, Aug. 24, 2014.
http://lawprofessors.typepad.com/trusts_estates_prof/2014/08/changes-may-be-coming-to-new-jerseys-inheritance-and-estate-tax.html