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Q. I have questions about the New Jersey inheritance tax. Is there any exemption for children or grandchildren, and if there is, is it per person and must they be residents of New Jersey? My daughter and granddaughter live in New Jersey, but my son lives in Pennsylvania and his […]
Q. My aunt has me in her will to receive her company stocks. She has accumulated them over her work career since the 1950s. If the value is $200,000 upon her death, what would I have to pay in taxes? Einhorn Barbarito Partner, Gary R. Botwinick answers: “What you’d have […]
Q. I’m expecting an inheritance of about $100,000 from an uncle who lives in Pennsylvania. I know New Jersey has an inheritance tax. Do I have to worry about that? It will be $50,000 from life insurance and about $50,000 from bank accounts. A. It’s all about where the person […]
On Thursday, November 15th, Gary R. Botwinick, Esq., Chair of the Trusts & Estates/Tax Practice of Einhorn, Barbarito, Frost & Botwinick, PC, presented a seminar: “Treasure, Not Taxes-How to Protect your Assets before the Big Changes of 2013”, for a group of client investors invited to attend by Morgan Stanley Smith Barney, LLC. The event took place at the Black Horse Tavern in Mendham, New Jersey.
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