February 1st, 2018 | Written by Lori K. MacWilliam, Esq.
As of January 1, 2018, there is no longer any New Jersey estate tax, as per New Jersey P.L. 2016, c. 57. Many New Jersey residents have been asking, “Do I still need a will, since there is no need to consider tax-planning?” The answer is yes, there are many reasons that you still should have a valid will in New Jersey. Here are five such reasons: