54:36-2.Ā  Valuation of estates for life or years In determining the value of a life estate, annuity, or estate for a term ofĀ  years, the United States Life Tables, after December 31, 1970, Single Life MaleĀ  6% and Single Life Female 6%, published by the United States Department ofĀ  Health, Education and Welfare, Public Health Service, with interest at the rateĀ  of 6% per annum, shall be used and shall be effective with respect to estatesĀ  of decedents dying on or after January 1, 1978.

Amended by L.1977, c. 219, s. 2, eff. July 1, 1978.
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