Statutes, codes, and regulations
New Jersey Statutes
Title 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 3B:8 - ELECTIVE SHARE OF SURVIVING SPOUSE OR DOMESTIC PARTNER OF PERSON DYING DOMICILED IN THIS STATE; CONDITIONS
Section 3B:8-17 - Value of surviving spouse's or domestic partner's interest in any life estate

N.J. Stat. § 3B:8-17

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Current through L. 2024, c. 80.
Section 3B:8-17 - Value of surviving spouse's or domestic partner's interest in any life estate

In an action for an elective share, the electing spouse's or domestic partner's total or proportional beneficial interest in any life estate in real or personal property or in any trust shall be valued at one-half of the total value of the property or trust or of the portion of the property or trust subject to the life estate.

N.J.S. § 3B:8-17

Amended by L. 2005, c. 331, s. 20, eff. 1/12/2006.
L.1981, c.405, s.3B:8-17, eff. May 1, 1982.