Every advancement shall be valued without interest at its value at the time of the transfer unless a value or an interest rate is specified in writing at the time of acceptance or in the transferor’s will.
History. Code 1981, § 53-1-11 , enacted by Ga. L. 1996, p. 504, § 10.
Law reviews.
For article, “The Time Gap in Wills: Shifting Assets and Shrinking Estates — Obsolescence and Testamentary Planning in Georgia,” see 6 Ga. L. Rev. 649 (1972).
For article discussing concept of advancements, see 10 Ga. L. Rev. 447 (1976).