Assemblyman Joe Lagana (D-38) is making reform to New Jersey’s inheritance and estate taxes a priority for his second term in office. The Democrat has introduced a bill, A611, that would boost the current threshold for the estate tax from where it currently sits at $675,000 to $1.5 million. His plan also includes limiting the inheritance tax from impacting next-of-kin family members of a deceased person and shifting class c and class d beneficiary classifications. Alyana Alfaro, PolitickerNjRead more
