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

Monday, July 21, 2014

18:26-5.14 Proceeds payable to testamentary trustee

18:26-5.14 Proceeds payable to testamentary trustee

   Life insurance proceeds payable to a trustee or trustees of a testamentary trust created under the will of a decedent are not subject to inheritance tax, in estates of decedents dying on or after July 6, 1979.

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