Idaho § 15-2-612 ADEMPTION BY SATISFACTION

Idaho Statutes

§ 15-2-612 — ADEMPTION BY SATISFACTION

Idaho·Title 15 UNIFORM PROBATE CODE·Part 6. RULES OF CONSTRUCTION·Ch. 2 INTESTATE SUCCESSION — WILLS

Property which a testator gave in his lifetime to a person is treated as a satisfaction of a devise to that person in whole or in part, only if the will provides for deduction of the lifetime gift, or the testator declares in a contemporaneous writing that the gift is to be deducted from the devise or is in satisfaction of the devise, or the devisee acknowledges in writing that the gift is in satisfaction. For purpose of partial satisfaction, property given during lifetime is valued as of the time the devisee came into possession or enjoyment of the property or as of the time of death of the testator, whichever occurs first.

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Property which a testator gave in his lifetime to a person is treated as a satisfaction of a devise to that person in whole or in part, only if the will provides for deduction of the lifetime gift, or the testator declares in a contemporaneous writing that the gift is to be deducted from the devise or is in satisfaction of the devise, or the devisee acknowledges in writing that the gift is in satisfaction. For purpose of partial satisfaction, property given during lifetime is valued as of the time the devisee came into possession or enjoyment of the property or as of the time of death of the testator, whichever occurs first.

Idaho § 15-2-612 (ADEMPTION BY SATISFACTION) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.