New Jersey has repealed the Estate Tax law, which goes into effect as of January 01, 2018. Effective January 01, 2017, however, the exemption amount rises from $675,000 to $2,000,000. Prior to January 01, 2017, if you died in New Jersey and had assets over $675,000, your estate was subject to Estate Tax at a rate between 11% and 16%, depending on the size of your estate. This tax was applied regardless of who was inheriting your assets. Due to the repeal of Estate Tax, if you