§ 1724. Advancement reckoned toward heir’s share
If the amount advanced exceeds the share of the heir or other estate beneficiary, he or she shall be excluded from any further share in the estate but shall not be liable to refund any part of the amount advanced. If the advancement is less than the share of the heir or other estate beneficiary, he or she shall receive a further sum that, with the advancement, equals his or her legal share in the estate. (Amended 2017, No. 195 (Adj. Sess.), § 10.)
Structure Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 77 - Decrees of Distribution or Partition of Estates
§ 1721. Distribution; court to order; persons entitled to shares may recover
§ 1722. Parties interested may have order on giving bond
§ 1723. Advancement; how asserted; what constitutes
§ 1724. Advancement reckoned toward heir’s share
§ 1725. Application of advancement
§ 1726. Advancement reckoned toward share of representative of deceased heir
§ 1727. Valuation of advancement
§ 1728. Court to determine questions of advancement
§ 1730. Partition of real estate in different counties
§ 1731. Partition unnecessary when parties agree
§ 1734. Partition when ownership has changed
§ 1735. Shares, how set out in partition
§ 1736. Severance from estate of third persons
§ 1737. When estate cannot be divided without injury; to be sold; procedure
§ 1739. Final decree of distribution or partition; bond
§ 1740. Payment of expenses; from estate, if sufficient
§ 1741. Parties to pay cost of partition, when
§ 1742. Record of decrees relating to real estate; where recorded