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 is in satisfaction of the devise, or the devisee acknowledges in writing that the gift is in satisfaction. For purposes of partial satisfaction, property given during 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.
Structure Code of Alabama
Title 43 - Wills and Decedents' Estates.
Article 8 - Construction of Wills.
Section 43-8-220 - Requirement That Devisee Survive Testator by Five Days.
Section 43-8-221 - Choice of Law as to Meaning and Effect of Wills.
Section 43-8-222 - Controlling Effect of Intention of Testator.
Section 43-8-223 - Construction of Will to Pass All Property, Including After-Acquired Property.
Section 43-8-224 - Anti-Lapse Provision; Applicability to Deceased Devisees and to Class Gifts.
Section 43-8-225 - Effect of Failure of Testamentary Provisions.
Section 43-8-226 - Specific Devise of Securities; Change in Securities; Accessions; Nonademption.
Section 43-8-228 - Nonexoneration.