California Probate Code 21406 – (a) This part does not apply to a gift made before July 1, 1989. …
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(a) This part does not apply to a gift made before July 1, 1989. In the case of a gift made before July 1, 1989, the law that would have applied had this part not been enacted shall apply.
(b) For purposes of this section a gift by will is made on the date of the decedent‘s death.
Terms Used In California Probate Code 21406
- Decedent: A deceased person.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Will: includes codicil and any testamentary instrument which merely appoints an executor or revokes or revises another will. See California Probate Code 88
(Enacted by Stats. 1990, Ch. 79.)