New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 26 - TRANSFER INHERITANCE AND ESTATE TAX
Subchapter 11 - WAIVERS-CONSENT TO TRANSFER
Section 18:26-11.24 - Notice

(a) The notice required by N.J.A.C. 18:26-11.23, is to be given by mailing Form O-71 to the Division of Taxation, Transfer Inheritance Tax Branch, PO Box 249, Trenton, NJ 08695-0249 as soon as practicable after the death of the decedent, but in any event not later than 10 days after any part of the sum or sums required to be reported therein have been paid and by advising each beneficiary listed on the form that information regarding death claim payments is being supplied to the State pursuant to the requirements of the Division of Taxation and that it is the position of the Division of Taxation that a beneficiary may, in the absence of State or Federal statutes to the contrary, be personally liable for any and all inheritance and/or estate taxes on such payments until paid.

(b) Completed Forms O-71 may be mailed to the Division on a monthly basis. A completed Form O-71 that is made part of a monthly mailing will be deemed to have been mailed in a timely manner provided that the monthly mailing is within one month of the date on which the form would otherwise be required to be mailed.

(c) Nothing in this section may be taken to relieve a party responsible to notify the Director of any liability imposed by statute in any instance where the party has failed to file notice as provided in this section. The Director reserves the right to direct, at any time, that any amount of tax not yet paid over shall be withheld pending further order of the Director where that action is deemed imperative to protect the interests of the State.