Title 474 · MO 474

Missouri Revisor of Statutes - Revised Statutes of Missouri, RSMo Section 474.425

Citation: Mo. Rev. Stat. § 474.425

Section: 474.425

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  Do search Help   This chapter only Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY Chapter 474 < > Effective - 01 Jan 1981 , see footnote âââ

âÂ 474.425. Â Â Property given by testator during life treated as satisfaction of devise, when â valuation. â 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 in satisfaction of the devise, or the devisee acknowledges in writing that the gift is in satisfaction.Â Â For purpose of partial satisfaction, property given during the testator's 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. ÂÂ-------- (L. 1980 S.B. 637) Effective 1-01-81

---- end of effectiveâ 01 Jan 1981 ---- use this link to bookmark section â474.425

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