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Changes May be Coming to New Jersey’s Inheritance and Estate Tax

By Gerry W. Beyer

Tax CutA 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.

Posted in:
Estate Planning - Generally and Estate Tax