A. We’re glad you’re trying to plan ahead. You do have some options, but it will take some planning. Let’s start at the beginning. The New Jersey inheritance tax is a tax levied on certain transfers ...

Q. I am the administrator of our uncle’s estate. I have already received my letters from the probate court. He was a New Jersey resident and his three remaining relatives — his sister, me and my ...

Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t ...

Dear Liz: I may inherit $500,000 but do not necessarily need the money for my retirement. Is there a way to pass that inheritance, or a part of it, to my two children without incurring a taxable event ...

Q. My 84-year-old aunt was a lifelong New Jersey resident. At age 81, she began showing serious signs of Alzheimer’s. She had lived alone all her life, never married, no children. A single unmarried ...

Q. I am going through a divorce and I’m afraid the mediator is railroading me. I am 54 and my parents are in their mid-80s. I would get an inheritance of about $2.5 million when they pass away. I know ...

Jeremy Clarkson has been quizzed on comments he made on inheritance tax back in 2021 in a fiery exchange with BBC reporter Victoria Derbyshire. Clarkson joined more than 10,000 farmers in London on ...