NJSA 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 decedents death is valued as of the date of decedents death; and b.Property transferred by the spouse or domestic partner is valued at the time the transfer became irrevocable, or at the decedents death, whichever occurs first. Amended 2005, c.331, s.13.