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Section 3B:8-8 - Valuation of property derived from decedent.

NJ Rev Stat § 3B:8-8 (2019) (N/A)
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3B:8-8 Valuation of property derived from decedent.

3B:8-8. Valuation of property derived from decedent.

For the purposes of valuing property derived from the decedent as provided in N.J.S. 3B:8-6:

a. Property owned by the spouse or domestic partner at the decedent's death is valued as of the date of decedent's death; and

b. Property transferred by the spouse or domestic partner is valued at the time the transfer became irrevocable, or at the decedent's death, whichever occurs first.

Amended 2005, c.331, s.13.

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Section 3B:8-7 - Property derived from decedent.
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Section 3B:8-9 - Presumption as to property owned or previously transferred by spouse or domestic partner at decedent's death.