Article 620K2 Will Ivana help Donald Trump with tax breaks from beyond the grave?

Will Ivana help Donald Trump with tax breaks from beyond the grave?

by
Edward Helmore in New York
from on (#620K2)

First wife's resting-place in Trump's New Jersey golf course might benefit ex-husband's long-held tax planning purposes

When Ivana Trump, Donald Trump's first wife, was buried last month near the first hole of Trump National Golf Club in Bedminster, New Jersey, few immediately guessed that her grave's location might also serve her ex-husband's long-held tax planning purposes.

Tax code in New Jersey exempts cemetery land from all taxes, rates, and assessments - and her grave, as such, potentially has advantageous tax implications for a Trump family trust that owns the golf business, in a state where property and land taxes are notoriously high.

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