In cases where a trust is created or other provisions made whereby any person is given an interest in income or an estate for years, or for life, or other temporary or contingent interest in any property or fund, the tax on both such temporary or contingent interest and on the remainder thereafter shall be charged against and be paid out of the corpus of such property or fund without apportionment between remainders and temporary or contingent estates, and any refund of taxes paid out of corpus shall again become a part of the corpus of such property or fund.
Neb. Rev. Stat. § 77-2008.02
Inheritance tax; estates for life and remainder; tax payable from corpus of estate without apportionment
Applied in 1 court decision — leading case County of Douglas v. Muchemore (1997)
Most recently applied in County of Douglas v. Muchemore (March 1997)
Laws 1953, c. 282, § 5, p. 916.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.