Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter28A. Administration of Decedents' Estates. |
Article27. Apportionment of Federal Estate Tax |
§28A-27-6. No apportionment between temporary and remainder interests
Latest version.
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No interest in income and no estate for years or for life or other temporary interest in any property or fund is subject to apportionment as between the temporary interest and the remainder. The tax on the temporary interest and the tax, if any, on the remainder is chargeable against the corpus of the property or funds subject to the temporary interest and remainder.
(1985 (Reg. Sess., 1986), c. 878, s. 1.)