N.J. Stat. § 3B:8-8

Current through L. 2023, c. 290.

Section 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.

N.J.S. § 3B:8-8

Amended by L. 2005, c. 331, s. 13, eff. 1/12/2006.

L.1981, c.405, s.3B:8-8, eff. May 1, 1982.