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

Friday, August 1, 2014

18:26-11.10 Transfer from joint fiduciaries to successors

N.J.A.C. 18:26-11.10 (2014)

§ 18:26-11.10 Transfer from joint fiduciaries to successors

   Bonds and/or stock of a New Jersey corporation or a national bank located in New Jersey or any money deposited in any trust company, bank or other institution in the names of two or more fiduciaries as executors, administrators, trustees or guardians, may, upon the death of one or more of such fiduciaries, be transferred without a New Jersey Transfer Inheritance Tax and a New Jersey Estate Tax waiver, to, or on the order of, the surviving fiduciary or fiduciaries.

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