Elective share Â- Pretermitted heir Wills and conflict of laws Trusts Express Â- Resulting Constructive ...
ELECTIVE SHARE - Refers to probate laws that allow a spouse to take a certain portion of an estate when the other spouse dies, regardless of what was written in the spouse's will.
1 a : to compel by physical means often against resistance <forced him into the car> b : to break open or through <forced the door> see also forcible entry 2 : to impose or require by law see also elective share forced heir at ...
value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this "statutory share" or "elective share" ...
only if a surviving spouse declines to take what was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of the surviving spouse's "statutory share" or "elective share" depends ...
See also: Share, Law, Property, Information, Estate
 
|