2014 New Jersey Revised Statutes
Title 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Section 3B:8-8 - Valuation of property derived from decedent.
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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