Tex. Est. Code Section 124.014
Recovery of Estate Tax Share Not Withheld

(a)

If property includable in an estate does not come into possession of a representative obligated to pay the estate tax, the representative shall:

(1)

recover from each person interested in the estate the amount of the estate tax apportioned to the person under this subchapter; or

(2)

assign to persons affected by the tax obligation the representative’s right of recovery.

(b)

The obligation to recover a tax under Subsection (a) does not apply if:

(1)

the duty is waived by the parties affected by the tax obligation or by the instrument under which the representative derives powers; or

(2)

in the reasonable judgment of the representative, proceeding to recover the tax is not cost-effective.
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.

Source: Section 124.014 — Recovery of Estate Tax Share Not Withheld, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­124.­htm#124.­014 (accessed May 25, 2024).

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Accessed:
May 25, 2024

§ 124.014’s source at texas​.gov