The value of the property given as an advancement shall be determined as of the time when the advancee came into possession or enjoyment, or at the time of the death of the intestate, whichever first occurs. However, if the value of the property, so advanced, is stated by the intestate donor in a writing signed by the intestate donor and designating the gift as an advancement, such value shall be deemed the value of the advancement.
History
(1959, c. 879, s. 1; 2011-344, s. 5.)
Effect of Amendments. - Session Laws 2011-344, s. 5, effective January 1, 2012, and applicable to estates of decedents dying on or after that date, substituted "signed by the intestate donor" for "signed by him."