New Jersey Trust & Estate Planning
State laws, costs, and planning strategies
$2,000–$4,500
Living trust cost
3–5% of estate
Probate cost
None
State estate tax
Required
Probate status
Overview
NJ eliminated its estate tax in 2018 but retained its inheritance tax. Non-family beneficiaries can face rates up to 16%.
Special Rules & Features in New Jersey
- ⚡Inheritance tax remains (no more estate tax as of 2018)
- ⚡Inheritance tax rates up to 16% for non-family
- ⚡Class A beneficiaries (spouse, children) are exempt
Create a New Jersey Living Trust
Attorney-reviewed documents, state-specific provisions
Start with Trust & Will⚠️ This is general educational information, not legal advice. Consult a New Jersey-licensed estate planning attorney for advice specific to your situation.