Extension of time to pay estate taxes

Generally speaking, extension of time to pay estate taxes is NOT allowed. Of course, this is not an absolute rule. When payment of said taxes would impose undue hardship upon the estate or any of the heirs, it may be allowed but an extension granted shall not to exceed 5 years in case of judicial settlement or shall not exceed 2 years in case of extra‐judicial settlement.

However, even if the above circumstances are present, there shall be no extension if the taxpayer is guilty of negligence, fraud or intentional disregard of tax rules and regulations.