QUESTION
will i pay an inheritance tax in NJ as a beneficary of my mothers NY will
Asked on Oct 28th, 2014 on Taxation - New Jersey
More details to this question:
i will inherit approx $400,000 from my mothers estate in NY. Her estate in NY is not required to pay estate tax as the value does not exceed $5M.
1 ANSWER
Criminal Defense Attorney serving Toms River, NJ
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Edward J. Dimon
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you should first check with your accountant who understands your tax situation. if you do not get an answer, we joe lacosta, esq who is both a CPA and a tax attorney. he will be able to answer your questions. ed dimon
Answered on Oct 29th, 2014 at 1:23 PM