Connecticut General Statutes 12-384 – Liability of representatives of estates and transferees
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Administrators, executors and trustees of estates and transferees shall be personally liable for the tax imposed by this chapter and for any interest thereon, except that no administrator, executor or trustee shall be liable for a greater sum than the value of the property actually received by him, and transferees shall be liable only for the tax and interest on property transferred to them.
Terms Used In Connecticut General Statutes 12-384
- Executor: A male person named in a will to carry out the decedent
- Trustee: A person or institution holding and administering property in trust.