Richard H. Greenberg, Esq., On Current Estate Tax Issues

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Mary Ann Pidgeon

Mary Ann attended the meeting of the Mercer County Estate Planning Council and listened to Richard H. Greenberg, Esq., discuss the current estate tax issues. This year the New Jersey estate tax provides a credit for a tax on $2,000,000 rather than an exemption amount. In 2018 there is no New Jersey estate tax however most think our new governor will reinstate the tax. The federal estate tax will most likely stay the same with an exemption amount of $5,490,000 as adjusted for inflation according to Mr. Greenberg.

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