Notice of Liability Statement Transferee received property before the decedent's death. This is an example of how to prepare the NOL statement to be attached to the estate tax transferee letter addressed to a transferee of property transferred by the decedent during his/her life, or insurance, powers of appointment, and jointly owned property with right of survivorship. In the example, the estate tax was $22,000. The trustee/transferee, or insurance beneficiary/transferee, liability is $22,000 as it was determined that property included in the gross estate of the decedent for the purpose of estate tax was transferred to or received by the transferee and that the liability of the estate tax had not been discharged.