Oklahoma City Oklahoma Declaration of Value of Conveyance as Advancement
Category:
State:
Multi-State
City:
Oklahoma City
Control #:
US-1341081BG
Format:
Word;
Rich Text
Instant download
Description
Advancement is subject to different meanings, but in estate law, it refers to an irrevocable gift made by a person to one of his or her children or heirs in anticipation of a gift from the still-living parent's potential estate as an advance payment on one's inheritance. Advancements are deducted from the child's eventual share of the estate.
