Kenneth Vercammen & Associates, P.C.
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Edison, NJ 08817
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Tuesday, June 24, 2014

18:26-2.17 Direction in will as to payment of tax

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

N.J.A.C. 18:26-2.17 (2014)

§ 18:26-2.17 Direction in will as to payment of tax

   The direction of a decedent's will regarding the payment of inheritance or estate taxes out of a specific fund or the residuary estate, while binding on the executor and the beneficiaries, has no effect in the computation of tax due this State.

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