N.J. Estate Tax versus Federal Estate Tax

Inheritance-Tax-Estate-Tax-New-Jersey-Estates-Trusts-Wills-Probate

If you live in New Jersey and are planning your estate, you may be wondering how the N.J. and federal estate taxes will affect your heirs. Unfortunately, N.J. has both an inheritance tax and an estate tax. Furthermore, the state’s estate tax exemption limit is quite low when compared to the rest of the states in the union. State exemption limit

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The Tax Man Cometh – NJ Transfer Inheritance Tax

NJ Inheritance Tax, Union County, Hunterdon county, New Jersey, Estate Planning, Wills and Trusts

The Tax Man Cometh – NJ Transfer Inheritance Tax Most of us pay taxes our entire lives – income taxes, property taxes, sales taxes, gasoline taxes, and more. It seems like everywhere we turn, there is some sort of tax to be paid to a municipal, state or federal government agency.   Unfortunately, this pattern doesn’t end when we pass away.

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