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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 8: Elective share of surviving spouse or domestic partner of person dying domiciled in this State; conditions.
Section: 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.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 3b:8-8 (if available):
Court decisions that cite this statute:
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