Oregon Statutes - Chapter 112 - Intestate Succession and Wills - Section 112.135 - When gift is an advancement.

If a person dies intestate as to all the estate of the person, property which the person gave in the lifetime of the person to an heir shall be treated as an advancement against the heirís share of the estate if declared in writing by the decedent or acknowledged in writing by the heir to be an advancement. For that purpose the property advanced shall be valued as of the time the heir came into possession or enjoyment of the property or as of the time of death of the decedent, whichever occurs first. [1969 c.591 §30]

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Last modified: August 7, 2008