Hauptman & Hauptman Clarifies Inheritance Tax On NJ Homes

Top Quote Guiding families through life’s transitions. End Quote
  • Newark, NJ (1888PressRelease) May 31, 2019 - Yale S. Hauptman, founding partner, Hauptman & Hauptman, P.C., was quoted in NJ.com where he discussed inheritance tax and the rate of tax that applies to different heirs.

    According to Yale, “If the home is inherited by Class A beneficiaries - a spouse, child, grandchild, parent or grandparent - there is no inheritance tax… On the other hand if the home is inherited by Class C beneficiaries - a sibling, son-in-law or daughter-in-law - there would be an inheritance tax.”

    To view the article, please visit https://bit.ly/2QyLoYp.

    Yale S. Hauptman, founding partner, Hauptman & Hauptman, PC., is licensed both in New Jersey and New York. His practice is focused on elder, estate, and special needs law. He has personally helped thousands of families plan for the complicated and emotional journey through the long-term care process. Yale writes and speaks extensively on elder, estate and special needs law topics, has been featured in both local and national media and has been quoted in print and digital media outlets. Additionally, Yale presents elder law topics to legal, financial, insurance and health care professional organizations as well as to the general public. He is also a published author of an eldercare book entitled, “Be Nice To Me-I Pick Your Nursing Home.” Yale teamed up with his partner and wife, Laurie A. Hauptman, Esq., and nationally acclaimed speaker and financial advisor, Don Quante, for his book, “Don’t Go Broke in a Nursing Home”, a consumer’s real-life hands-on guide to long-term care, including Medicaid eligibility, Veterans benefits, and new ways to “self-fund” your care without going broke.

    For more information on Yale, please visit http://www.profnetconnect.com/yalehauptman.

    Founded in 1995, Hauptman & Hauptman, PC, offers a hands on approach to Elder law. Your legal matter will be handled with attention and care. For more information, please contact 973.994.2287 or visit http://www.hauptmanlaw.com/

  • FB Icon Twitter Icon In-Icon
Contact Information