(1) If the value of the advancement exceeds the heirís share of the estate, the heir shall be excluded from any further share of the estate, but the heir shall not be required to refund any part of the advancement. If the value of the advancement is less than the heirís share, the heir shall be entitled upon distribution of the estate to such additional amount as will give the heir the heirís share of the estate.
(2) The property advanced is not a part of the estate, but for the purpose of determining the shares of the heirs the advancement shall be added to the estate, the sum then divided among the heirs and the advancement then deducted from the share of the heir to whom the advancement was made. [1969 c.591 §31]Section: Previous 112.075 112.080 112.085 112.095 112.105 112.115 112.135 112.145 112.155 112.175 112.185 112.195 112.225 112.227 112.230 Next
Last modified: August 7, 2008