Legal representative liability for deceased's tax obligations; proceedings continue and estate assets may be charged. Legal representatives are liable to pay sums the deceased would have owed in the same manner and extent; proceedings against the deceased are deemed to be ... Summary
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Legal representative liability for deceased's tax obligations; proceedings continue and estate assets may be charged.
Legal representatives are liable to pay sums the deceased would have owed in the same manner and extent; proceedings against the deceased are deemed to be against the legal representative and may be continued or instituted, and the legal representative is deemed to be an assessee. The legal representative is personally liable for tax if, while liability remains, he creates a charge on, disposes of, or parts with estate assets, with that personal liability limited to the value of the asset so affected, and overall liability is limited to the estate's ability to meet it.
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