An executor may elect to postpone payment of the estate tax attributable to a remainder or reversionary interest until 6 months after the interests of the other person(s)terminate.

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This statement is true according to IRS regulations under section 6166 of the tax code. An executor can request to postpone payment of estate taxes for a remainder or reversionary interest until 6 months after the other person's interests in the property have ended. This option is available for estates that consist largely of a closely-held business or farm.

An Executor May Elect to Postpone Payment of the Estate