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Edison, NJ 08817
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Tuesday, June 24, 2014

18:26-2.12 Renunciation or disclaimer

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX

N.J.A.C. 18:26-2.12 (2014)

§ 18:26-2.12 Renunciation or disclaimer

   (a) If a transferee under a will or by operation of law disclaims or renounces his rights thereunder, or any portion thereof, the disclaimer or renunciation is given effect in computing the tax against the estate; provided, the instrument of disclaimer or renunciation is properly filed, in accordance with the provisions of N.J.S.A. 3B:9-1 et seq.

(b) A copy of the disclaimer or renunciation should be filed with the Transfer Inheritance Tax Section.

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