N.J. Admin. Code § 18:26-5.18

Current through Register Vol. 56, No. 8, April 15, 2024

Section 18:26-5.18 - Proceeds of single premium life insurance with annuity contracts

(a) The proceeds of single premium life insurance contracts combining a life insurance feature and an annuity feature are subject to the New Jersey transfer inheritance tax.

(b) The proceeds of life insurance contracts combining a life insurance feature and an annuity feature are subject to the New Jersey transfer inheritance tax.

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