Gary Botwinick Quoted In NJ.Com Article “How Can I Avoid The Inheritance Tax For Step-Grandchildren?”October 31, 2019
As seen on NJ.com, October 31, 2019.
Question: Do step-grandchildren qualify as Class A beneficiaries? If they’re not, what can I do to avoid the inheritance tax for them?
Answer: Taxes in New Jersey are no pretty thing, and after you die, the state will once again try to get its cut the inheritance tax.
The New Jersey Inheritance Tax is a tax imposed on inheritances based upon the relationship between the deceased and the inheritor, or beneficiary, said Gary Botwinick, an estate planning attorney and chair of the taxation/trusts and estates department at Einhorn, Barbarito, Frost & Botwinick, P.C. in Denville.
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