Form L-4 "Affidavit Requesting Preliminary Waivers: Resident Decedents" - New Jersey

What Is Form L-4?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on December 1, 2019;
  • The latest edition provided by the New Jersey Department of the Treasury;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form L-4 by clicking the link below or browse more documents and templates provided by the New Jersey Department of the Treasury.

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Download Form L-4 "Affidavit Requesting Preliminary Waivers: Resident Decedents" - New Jersey

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L-4
Affidavit Requesting Preliminary Waivers: Resident Decedents
(12-19)
This form may be used when:
• A complete Inheritance or Estate Tax return cannot be completed yet; or
• All beneficiaries are Class A, but estate does not qualify to use Form L-8; or
• All beneficiaries are Class E, or Class E and Class A.
Use this form to request release of:
• New Jersey bank accounts;
• Stock in New Jersey corporations;
• Brokerage accounts;
• New Jersey investment bonds; and
• New Jersey real estate (only when estate does not qualify to use Form L-9).
This form can be completed by the:
• Executor;
• Administrator;
• Trustee;
• Legal Representative of the estate.
For all L-4 filings:
• Check the appropriate box in Part I to indicate why you are filing this form;
• Submit complete copies of the decedent’s Will and Codicils and Trust documents;
• Submit copies of any disclaimer(s) filed;
• List all beneficiaries and their relationship to the decedent in Part VII;
• Check the “Request Waiver” box for each asset for which a waiver is requested at this time. The Branch will
make final decision on which (if any) waivers are issued;
• The form must be signed by an estate representative and notarized;
• Mail form to: NJ Inheritance Tax Branch, PO Box 249, Trenton, NJ 08695-0249.
For taxable estates:
• Report all known New Jersey assets on attached schedules;
• Submit a complete copy of the decedent’s last full-year federal income tax return (include all schedules) or
statement that none was filed;
• Include estimated payment on attached IT-PMT (recommended);
• If requesting a real estate waiver, include deed, contract of sale, or closing agreement.
Note: The filing of this form does not guarantee that any waivers will be issued at this time. In addition, the filing
of this form will not generate a Notice of Assessment or any finding of tax due.
L-4
Affidavit Requesting Preliminary Waivers: Resident Decedents
(12-19)
This form may be used when:
• A complete Inheritance or Estate Tax return cannot be completed yet; or
• All beneficiaries are Class A, but estate does not qualify to use Form L-8; or
• All beneficiaries are Class E, or Class E and Class A.
Use this form to request release of:
• New Jersey bank accounts;
• Stock in New Jersey corporations;
• Brokerage accounts;
• New Jersey investment bonds; and
• New Jersey real estate (only when estate does not qualify to use Form L-9).
This form can be completed by the:
• Executor;
• Administrator;
• Trustee;
• Legal Representative of the estate.
For all L-4 filings:
• Check the appropriate box in Part I to indicate why you are filing this form;
• Submit complete copies of the decedent’s Will and Codicils and Trust documents;
• Submit copies of any disclaimer(s) filed;
• List all beneficiaries and their relationship to the decedent in Part VII;
• Check the “Request Waiver” box for each asset for which a waiver is requested at this time. The Branch will
make final decision on which (if any) waivers are issued;
• The form must be signed by an estate representative and notarized;
• Mail form to: NJ Inheritance Tax Branch, PO Box 249, Trenton, NJ 08695-0249.
For taxable estates:
• Report all known New Jersey assets on attached schedules;
• Submit a complete copy of the decedent’s last full-year federal income tax return (include all schedules) or
statement that none was filed;
• Include estimated payment on attached IT-PMT (recommended);
• If requesting a real estate waiver, include deed, contract of sale, or closing agreement.
Note: The filing of this form does not guarantee that any waivers will be issued at this time. In addition, the filing
of this form will not generate a Notice of Assessment or any finding of tax due.
Affidavit Requesting Preliminary Waivers: Resident Decedents
State of New Jersey
L-4
Division of Taxation
Individual Tax Audit Branch
(12-19)
Transfer Inheritance and Estate Tax
PO Box 249
Trenton, New Jersey 08695-0249
Decedent’s Name
(Last)
(First)
(Middle)
Decedent’s S.S. No.
/
/
Date of Death (mm/dd/yy)
/
/
County of Residence
Complete and Notarize
Testate (with will)
Intestate (no will)
Name
Daytime Phone (
)
Mailing Address
to send all
Street
correspondence
City
State
ZIP Code
PART I – Reason for Request (Check the appropriate box):
I am filing this form to obtain one or more preliminary waivers. The estate is not able to file a full return at this time; however,
specific waivers are needed to protect estate assets. I understand that a full return must still be completed and filed.
Important Note: The Branch will, in every case, keep control of enough liquid assets (i.e., those that can easily be converted to cash)
to insure that the tax is covered and that returns will be filed. This means that we will hold back whichever bank waivers we think are
necessary and will avoid relying on real estate being the only waiver withheld (per N.J.A.C. 18:26-9.4).
I am filing this form to obtain all waivers (Class A only). All beneficiaries are Class A; however, the estate does not qualify to
use Form L-8. The estate contends that no tax will be due. I understand that the Branch will evaluate my attached submissions and
advise me if a full return is required.
I am filing this form to obtain all waivers (Class E/Class A). All beneficiaries are Class E only or Class E and Class A. I
understand that the Branch will evaluate my submissions and advise me if a full return is required.
I hereby request the release of the indicated property listed below. I certify that all beneficiaries of the estate are listed in Part VII below
and that this form is completed in accordance with its filing requirements.
State of New Jersey County of
ss.
being duly sworn, deposes and says that the foregoing state-
ments are true to the best of their information or belief.
Signature
Subscribed and sworn before me
This
day of
,
.
Notary Public
Deponent: Executor / Administrator / Joint Tenant / Heir-at-Law
Deponent’s Social Security or Federal Identification Number
Street Address
Town/City, State, Zip
Decedent’s Name:
Decedent’s S.S. No.:
/
/
PART II – Estimated Net Estate
Report estimated value of all NJ reportable assets of the estate:
Gross Estate – Inheritance Tax
(Optional) Deductions (Debts, funeral, legal, etc.)
Net Estate
PART III – Transfers
List all transfers made by the decedent within three years of date of death or to take effect at death (such as POD annuities):
Date of Transfer
Transferee/Beneficiary
Relationship
Property Transferred
DOD Value
Attach additional sheets if necessary
PART IV – Real Estate
List all real estate owned wholly or partially by the decedent (except as tenants by the entirety where the spouse is surviving)
Description
Assessed Value
Market Value
Request Waiver
County
Street
Lot
Block
Municipality
Interest
Description
Assessed Value
Market Value
Request Waiver
County
Street
Lot
Block
Municipality
Interest
Description
Assessed Value
Market Value
Request Waiver
County
Street
Lot
Block
Municipality
Interest
(Attach additional sheets or riders if necessary)
Decedent’s Name:
Decedent’s S.S. No.:
/
/
PART V – NJ Financial Institutions (Banks, Brokerage Accts, Mutual Funds)
Name of Bank or Institution
Name(s) on Account and how They Were
Date of Death Balance
Request Waiver
Held
(Attach additional sheets or riders if necessary)
PART VI – NJ Stocks, Investment Bonds
Name of Stock or Bond
Name(s) of Owner(s)
Shares
Date of Death Value
Request Waiver
(Attach additional sheets or riders if necessary)
PART VII – Beneficiaries
Name and Address (if available)
Relationship
Share in Estate
(Attach additional sheets or riders if necessary)