N.J.S.A. § 54:36-2.
Valuation of estates for life or years
In determining the value of a life estate, annuity, or estate for a term of years, the United States Life Tables, after December 31, 1970, Single Life Male 6% and Single Life Female 6%, published by the United States Department of Health, Education and Welfare, Public Health Service, with interest at the rate of 6% per annum, shall be used and shall be effective with respect to estates of decedents dying on or after January 1, 1978.
Amended by L.1977, c. 219, s. 2, eff. July 1, 1978.
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In this chapter (7 sections)
- 54:36-1. · Vested remainders after estate for life or years
- 54:36-2. · Valuation of estates for life or years
- 54:36-3. · Executory devises or contingent or defeasible estates in…
- 54:36-4. · Estates subject to a power of appointment
- 54:36-5. · Taxes on executory devises, contingent future estates,…
- 54:36-6. · Composition of taxes in certain estates; bond in lieu of…
- 54:36-7. · Executor or trustee not to deliver property until tax paid