Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer

Enter Your Zip Code to Connect with a Lawyer Serving Your Area

searchbox small
Advancement
A gift made by a living person -- usually from a parent to a child -- with the intent that the amount will proportionately reduce the recipient's share of the gift-giver's estate. Gifts made shortly before death are more typically treated as advancements than those made years earlier.
LA-NOLO3:DRU.1.6.1.20140626.27175