ARTICLE 2. Proration [20210. - 20215.]

Article 2 enacted by Stats. 1990, Ch. 79.

§§ 20210–20215 · 6 sections

• § 20210 (a) Except as provided in subdivision (b), any generation-skipping transfer tax shall be equitably prorated among the transferees in the manner prescribed in…
• § 20211 The proration required by this article shall be made in the proportion that the value of the property received by each transferee bears to the total value of…
• § 20212 In making a proration required by this article: (a) Allowances shall be made for credits, exemptions, and deductions allowed for the purpose of determining the…
• § 20213 If a trust is created or other provision made whereby a transferee is given an interest in income, or an estate for years or for life, or another temporary…
• § 20214 (a) If all property does not come into the possession of the trustee, the trustee is entitled, and has the duty, to recover from the transferees, the…
• § 20215 (a) If a person is charged with, or required to pay, a generation-skipping transfer tax greater than the amount prorated to that person because another person…