The Gift Planning Council of New Jersey is proud to be a member council of the National Association of Charitable Gift Planners. Formerly known as the Partnership for Philanthropic Planning, the NACGP name was recently adopted to better reflect its mission. For more information, please visit the NACGP website.
As part of the recent transportation funding legislation, the State of New Jersey will eventually phase out the estate tax. New Jersey residents currently have an exemption of only $675,000. Under the legislation, the New Jersey Estate Tax exemption will be increased to $2.0 million per person on January 1, 2017; and effective January 1, 2018, the New Jersey Estate Tax will be eliminated entirely.