N.J. Stat. § 3B:8-17: Value of surviving spouse's or domestic partner's interest in any life estate.

Value of surviving spouse's or domestic partner's interest in any life estate.

In an action for an elective share, the electing spouse's or domestic partner's total or proportional beneficial interest in any life estate in real or personal property or in any trust shall be valued at one-half of the total value of the property or trust or of the portion of the property or trust subject to the life estate.

Amended 2005, c.331, s.20.