N.J. Admin. Code § 18:26-9.10
Current through Register Vol. 56, No. 21, November 4, 2024
Any administrator, executor, trustee to the extent of any estate funds in his or her possession, grantee, donee, cestui que trust, beneficiary, and buyer is personally liable for any and all New Jersey transfer inheritance taxes until paid or provided for by bond in double the amount of the tax due to the extent of his or her interest in the estate and an action at law may be brought in the name of the State against any such person for payment of such tax. See N.J.A.C. 18:26-10.4.
N.J. Admin. Code § 18:26-9.10