Day: February 24, 2020

New-Jersey-Supreme-Court-Clarifies-Transfer-Inheritance-Tax

New Jersey Supreme Court Clarifies Transfer Inheritance Tax

In Estate of Mary Van Riper v. Director, Division of Taxation (A-51-18/082000) (Decided February 5, 2020), the Supreme Court of New Jersey addressed the application of New Jersey’s transfer inheritance tax statute. It held that the New Jersey Division of Taxation (Division) properly taxed the full value of the home