The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 14 V.S.A. § 1725)
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§ 1725. Application of advancement
(a) If an advancement is in real property, the same shall be set off, first, against the
heir’s or other beneficiary’s share of real property in the estate, including the
real property so advanced, and the excess value, if any, shall be set off against
the heir’s or other beneficiary’s share of the decedent’s personal estate.
(b) If an advancement is in personal estate, the same shall be set off, first, against
the heir’s or other beneficiary’s share in the personal estate, and the excess value,
if any, shall be offset against the heir’s or other beneficiary’s share in the real
property of the estate.
(c) If the heirs or beneficiaries consent, a different application of the advancement
may be made. (Amended 2017, No. 195 (Adj. Sess.), § 10.)