LegalFix
Sign In

77-2013 Inheritance tax; power of sale to raise funds to pay tax.

NE Code § 77-2013 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

77-2013. Inheritance tax; power of sale to raise funds to pay tax.

All executors, administrators and trustees shall have full power to sell so much of the property of the decedent as will enable them to pay the tax, in the same manner as they may be enabled to do by law for the payment of debts of their testators and intestates, and the amount of the tax shall be paid as directed by section 77-2014.

Source

Annotations

Inheritance tax is a direct charge against the res. In re Estate of Sautter, 142 Neb. 42, 5 N.W.2d 263 (1942).

Previous Section
77-2012 Inheritance tax; legacy charge upon real property; duty of heir or devisee to deduct tax.
Next Section
77-2014 Inheritance tax; payment by personal representative or trustee; where paid; receipt for tax; proper county, defined; tax apportioned among counties.