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  • Tag: Wrongful Death Action
wrongful death and taxes

Are Wrongful Death Settlements Subject to Inheritance Tax in New Jersey

September 16, 2022February 10, 2023 Robert Aufseeser

General Rule Not all amounts recovered in a wrongful death action are exempt from the New Jersey Inheritance Tax.  Generally, […]

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Federal Law, NJ State Law, Taxation Estate Tax Inclusion, Inheritance Tax, Wrongful Death Action
wrongful death word cloud

When are the Proceeds of a Wrongful Death Action Includible in the Decedent’s Estate for Purposes of the New Jersey Estate and Inheritance Tax?

June 15, 2021February 10, 2023 Robert Aufseeser

The proceeds of a wrongful death action can be taxed by the NJ Division of Taxation. Care must be taken […]

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NJ State Law, Taxation Estate Tax, Estate Tax Inclusion, Inheritance Tax, Wrongful Death Action

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