Section 88-A:6 – No Apportionment Between Temporary and Remainder Interests.
88-A:6 No Apportionment Between Temporary and Remainder Interests. – No interest in income and no estate for years or for life or other temporary interest in any property or fund shall be subject to apportionment as between the temporary interest and the remainder. The tax on the temporary interest and the tax, if any, […]
Section 88-A:7 – Exoneration of Fiduciary.
88-A:7 Exoneration of Fiduciary. – Neither the fiduciary nor other person required to pay the tax shall be under any duty to institute any suit or proceeding to recover from any person interested in the estate the amount of the tax apportioned to the person until the expiration of the 3 months next following […]
Section 88-A:8 – Action by Non-Resident, Reciprocity.
88-A:8 Action by Non-Resident, Reciprocity. – Subject to this section a fiduciary acting in another state or a person required to pay the tax domiciled in another state may institute an action in the courts of this state and may recover a proportionate amount of the federal estate tax or an estate tax payable […]