Some speculate that Ivana Trump’s burial site on Trump National Golf Club could give the former president extensive tax breaks. Let us explain…

Transcript

00:00There is speculation that Ivana Trump's burial site near the first hole of Trump National Golf

00:06Club could give Donald Trump tax exemptions. So how exactly could Ivana's grave provide tax breaks

00:12for the former president? Brute can explain in less than 60 seconds. Tax code in New Jersey

00:16states that land dedicated for cemetery purposes is exempt from a range of taxes, meaning that the

00:22burial could give the Trump family trust, which owns the business, extensive tax breaks. Trump's

00:29first ex-wife is the only person known to be buried on the golf course. And according to tax

00:34documents published by ProPublica, the trust had previously looked to classify land in Hackettstown,

00:39New Jersey as a nonprofit cemetery company. And this is not the first time Trump has gotten tax

00:45breaks on the golf course. The property was previously registered as a farm because some

00:50trees were turned into mulch. It is unlikely, however, that the extensive tax breaks would

00:55be applied to the entire property given its large size.