If the will is the benefit of an in-kind property, its deduction from one-third of the estate is calculated as follows: 1. If the will for the benefit is perpetual, absolute, or for the life of the devisee, then it is at the value of the property whose benefit is bequeathed at the time of the testator’s death. 2. If the will is for a temporary benefit, then it is at the value of the benefit during this period.
Interpretation and application must be checked against the official text and current version.