A611 — Eliminates transfer inheritance tax on Class C beneficiaries and increases filing threshold and applicable exclusion amount for New Jersey estate tax to $1,500,000.

A611 — Eliminates transfer inheritance tax on Class C beneficiaries and increases filing threshold and applicable exclusion amount for New Jersey estate tax to $1,500,000. · Informed CitizenryThis bill amends New Jersey law to eliminate the transfer inheritance tax on Class C beneficiaries, which includes the brothers, sisters, daughters-in-law, and sons-in-law of a decedent. It also in…Open in Informed Citizenry