Estate Planning in 2018 Double Trouble: New Jersey Repeals Estate Tax & The Tax Cut and Job Acts

By Kevin | Published January 11, 2018 | Posted in Estate Planning, Tax Matters |

The Tax Cuts and Jobs Act (TCJA)was signed into law on December 22, 2017. New Jersey has repealed its estate tax effective this year. Both will impact many estate plans. The federal estate, gift and generation-skipping transfer (GST) tax exemptions has doubled to $11,200,000 per individual. Thus, a married couple will have combined exemptions of Read More

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