Executor And Beneficiary Liability For Unpaid Income, Gift, And Estate Taxes Of A Decedent

By Jerald David August
The CPA Journal
October 2017 Edition

Tax advisors of estates are generally aware that the executor or personal representative of the estate is personally liable for the payment of federal estate taxes not only with respect to the probate estate, but also for estate taxes attributable to other assets includible in the taxable estate [Internal Revenue Code (IRC) section 2202;