§ 29-26. Valuation. - North Carolina Statutes

§29‑26.  Valuation.

The value of the propertygiven as an advancement shall be  determined as of the time when the advanceecame into possession or enjoyment, or at the time of the death of theintestate, whichever first occurs. However, if the value of the property, soadvanced, is stated by the intestate donor in a writing signed by him anddesignating the gift as an advancement, such value shall be deemed the value ofthe advancement. (1959, c. 879, s. 1.)