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Family allowance

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Family Allowance: A small amount of money set aside from the estate of the deceased. Its purpose is to provide for the surviving family members during the administration of the estate.

 


family allowance
A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process.

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TERMS BEGINNING WITH F
Family Allowance - A small amount of money set aside from the estate of the deceased. Its purpose is to provide for the surviving family members during the administration of the estate.

AUGMENTED ESTATE : The probate estate of the decedent reduced by funeral and administration expenses, the homestead, family allowances, and exemptions, liens, mortgages, and enforceable claims.

See also: Estate, Member, Information, Law, State

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