In New Jersey, the Inheritance Tax only comes into play for certain heirs. If you leave your assets to a close relative, such as a child or parent, they will not have to pay the inheritance tax. However, if the state doesn’t consider you a close relative, such as if you are a friend of the person, you are required to pay an inheritance tax that starts at 11 percent. Learn more about New Jersey inheritance and estate tax in this presentation.
Mr. Roger Levine’s law practice is focused in the areas of Estate Planning and Tax Law. Mr. Levine has gained a reputation as a dynamic and entertaining speaker in the Tax and Estate Planning areas and has spoken before numerous legal and accounting professional societies and private organizations. He has appeared on various radio shows and was featured on the Cable TV show “Your Money Matters,” shown throughout New Jersey.