Kenneth Vercammen & Associates, P.C.
2053 Woodbridge Ave.
Edison, NJ 08817
(732) 572-0500
www.njlaws.com

Thursday, July 31, 2014

18:26-10.11 Refund when debt proved after legacy or distributive share paid

N.J.A.C. 18:26-10.11 (2014)

§ 18:26-10.11 Refund when debt proved after legacy or distributive share paid

   In any case where a debt against the estate of a decedent is proved after a legacy has been paid or property has been distributed from which legacy or property the New Jersey Inheritance Tax has been deducted or paid, the legatee, devisee, heir or next of kin may make an application for a refund to pay such debt to the executor, administrator or trustee, who shall refund a proportion of the tax where the same has not been paid to the Director or who shall make application for a refund to the Director in the manner provided in N.J.A.C. 18:26-10.12 (Time and manner of mailing application for refund) and upon receipt of such refund, repay the legatee, devisee, heir or next of kin the proportion of the tax overpaid.

No comments: