Article 5. Valuation | Midpage15551Market Value.15551.1Encumbrances and Liens.15551.2Community Property Transferred to Spouse.15551.3Separate Property Transferred into Community.15551.4Real Property--In General.15551.5Local Assessed Value.15551.6Securities--In General.15551.7Listed Securities and Unlisted Securities Traded on Open Market.15551.8Additional Factors in Valuation of Listed and Traded Securities.15551.9Untraded and Closely Owned Securities.15551.10Interest and Dividends.15551.11Good Will--General Method of Valuing.15551.12Other Factors Considered in Valuing Good Will.15551.13Notes and Accounts Receivable.15551.14Interest in Business.15551.15Patent, Trademark, or Copyright.15551.16Growing Crop.15552Limited Estates, Future Estates, Contingent Estates, Annuities (Other Than Annuity Contracts)--In General.15552.1Estates, Income and Annuities for Life of One Person.15552.2Estates, Income and Annuities for Joint Lives of Several Persons.15552.3Life Estate, Successive Life Estate and Remainder.15552.4Estates, Income and Annuities for Period of Years.15552.5Deferred Gift.15552.6Present Value of Annuity Exceeding Value of Annuity Fund.15552.7Remainder.15552.8Tables.15552.9Gifts Made on or After November 10, 1969 and Before January 1, 1975.15556Contingent Encumbrances and Contingencies.15558Purchase of Single Payment Contract for Another.15558.1Assignment of Annuity Contract.15558.2Assignment, or Designation of Beneficiary, of Life Insurance Contract.