HRS §532-11
How an advancement's value is set
This section says how to figure out the value of property given to a child as an advance on their inheritance. If the child wrote down a value in a signed document, that value is used. Otherwise, the value is what the property was worth when it was given.
childrenheirsparents
The statute, as written — Advancement; valuation of
The value of any real or personal estate so advanced, shall be deemed to be that, if any, which was acknowledged by the child by an instrument in writing; otherwise, the value shall be estimated according to the worth of the property when given. [CC 1859, §1459; RL 1925, §3312; RL 1935, §4820; RL 1945, §12080; RL 1955, §318-11; HRS §532-11]
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