CHAPTER 9. TAX QUALIFIED DISCLAIMER

IC 32-17.5-9

    

Chapter 9. Tax Qualified Disclaimer

IC 32-17.5-9-1

Disclaimer for estate and gift tax purposes

    

Sec. 1. Notwithstanding any other provision of this article, if, as
a result of a disclaimer or transfer, the disclaimed or transferred
interest is treated under:

        (1) Title 26 of the United States Code, in effect on July 1, 2003,
or later amended or a successor statute; and

        (2) the regulations promulgated under the statute referred to in
subdivision (1);

as never having been transferred to the disclaimant, then the
disclaimer or transfer is effective as a disclaimer under this article.

As added by P.L.5-2003, SEC.1.