do i have to report an inheritance on my federal or NJ state tax?

[DoninGA]

If this was a cash inheritance it is not reported on a federal tax return.  There is no estate tax for an inheritance in New Jersey.

[christopher-drew]

Thanks! I've been reading about Inheritance Tax (vs Estate Tax) in NJ. Are those the same thing? 

The inheritance is a mix of life insurance proceeds, and securities and real estate that will be liquidated before distribution. Each is in a separate trust. Does that change anything with the tax reporting?