What is the name of your state (only U.S. law)? New Jersey
I know New Jersey still has inheritance and estate tax. My question is if I add POD (payable on death) on a CD in NJ then I died will this CD still be subject to the inheritance and estate tax if my estate is over the 6600,000.00 limit. I understand in other states it would not but I do not know about NJ since it still has the inheritance and estate taxes.What is the name of your state (only U.S. law)?
I know New Jersey still has inheritance and estate tax. My question is if I add POD (payable on death) on a CD in NJ then I died will this CD still be subject to the inheritance and estate tax if my estate is over the 6600,000.00 limit. I understand in other states it would not but I do not know about NJ since it still has the inheritance and estate taxes.What is the name of your state (only U.S. law)?