Meyerson v. Director, Division of Taxation

CRABTREE, J.T.C.

This is a transfer inheritance tax case wherein plaintiff seeks review of a deficiency assessment made by defendant in the *131amount of $109,757.41, including interest calculated to October 20, 1993. The deficiency arises from two audit adjustments:

1. Three inter vivos transfers in trust made by the decedent, Emily Ellen, on September 2, 1989, in the aggregate amount of $612,656, which defendant determined were made in contemplation of death within the purview of N.J.SA 54:34 — 1(c);

2. An increase in the date-of-death value of decedent’s residence from $165,000, as reported, to…