18:26-2.13 Possibility of divestment

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX
N.J.A.C. 18:26-2.13 (2014)
§ 18:26-2.13 Possibility of divestment

   Notwithstanding that a transferee by his act or omission can divest himself of the property transferred to him, the tax on the transfer is computed as if there were no possibility of divestment.

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.

18:26-2.11 Distribution by agreement

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX
N.J.A.C. 18:26-2.11 (2014)
§ 18:26-2.11 Distribution by agreement

   If a transferee under a will agrees that the estate, or any part of it is to be distributed otherwise than as provided in the will, the tax is nevertheless computed in accordance with the terms of the will admitted to probate.

18:26-2.10 Multiple transfers

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX
N.J.A.C. 18:26-2.10 (2014)
§ 18:26-2.10 Multiple transfers

   When more than one transfer subject to the tax has been made by a decedent to the same transferee, the tax is computed upon the aggregate clear market value of all of the property so transferred in the same manner and to the same extent as if all of the property had actually been transferred by a single transfer at the date of the decedent's death.

18:26-2.9 Escheat

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX
N.J.A.C. 18:26-2.9 (2014)
§ 18:26-2.9 Escheat

   In the case of a decedent who dies intestate with no known heirs surviving, the rate of tax is assessed against the transfer at the highest rate permissible to the State.

18:26-2.8 Rates of Class "D" transferee

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX
N.J.A.C. 18:26-2.8 (2014)
§ 18:26-2.8 Rates of Class "D" transferee

   In the case of a transfer to a Class "D" transferee, the rates are as follows:

	On any amount up to $ 700,000	15%
	On any amount in excess of $ 700,000	16%

18:26-2.7 Rates of Class "C" transferee

TRANSFER INHERITANCE AND ESTATE TAX  
SUBCHAPTER 2. IMPOSITION AND COMPUTATION OF TAX
N.J.A.C. 18:26-2.7 (2014)
§ 18:26-2.7 Rates of Class "C" transferee

   (a) In the case of a transfer to a Class "C" transferee, where the decedent dies on or after July 1, 1988, the rates are as follows:

1. On any amount in excess of--

$ 25,000	up to	1,100,000	.....................	11%
1,100,000	up to	1,400,000	.....................	13%
1,400,000	up to	1,700,000	.....................	14%
1,700,000	.........................................			16%

 
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