N.J. Admin. Code § 18:26-2.16

Current through Register Vol. 56, No. 11, June 3, 2024

Section 18:26-2.16 - Direction in will as to payment of tax

The direction of a decedent's will regarding the payment of transfer inheritance tax or estate tax 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.

Adopted by 50 N.J.R. 1624(a), effective 7/16/2018