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      09-04-2007, 01:40 PM   #1
evilly amused
wrickem's Avatar

Drives: what he wants to
Join Date: Mar 2006
Location: lambertville nj

iTrader: (0)

did anyone in NJ ever inherit a car?

My aunt just called me and told me that my uncle who recently passed away wanted me to have his '07 M6 coupe (I actually thought I was ending up with one of his Porsches, but this is way better). I am waiting for their lawyer to call me back so he can tell me exactly what I need to do to resister it to me. I am picking it up today after work and I will use their tags and stuff until I switch it to me but my question is.....

Do I have to pay Inheritance tax AND NJ Sales Tax? I've tried all kinds of searches, but they are all pretty vague.

thanks, Rick
'16 - 435 x-drive coupe, '14 528x-drive, '07 M6 (I am a sequential BMW hoarder) '17 Jeep Wrangler