Estate of Mary Van Riper v. Director, Division of Taxation (082000) (Tax Court & Statewide)

SYLLABUS This syllabus is not part of the Court’s opinion. It has been prepared by the Office of the Clerk for the convenience of the reader. It has been neither reviewed nor approved by the Court. In the interest of brevity, portions of an opinion may not have been summarized. Estate of Mary Van Riper v. Director, Division of Taxation (A-51-18) (082000) Argued October 8, 2019 -- Decided February 5, 2020 SOLOMON, J., writing for the Court. Unlike the common estate-planning strategy whereby a married couple deeds property into two trusts, which are taxed in two phases upon the death of each…