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LSDefine

Simple English definitions for legal terms

disposable portion

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A quick definition of disposable portion:

Disposable Portion: The part of someone's property that they can choose to give to anyone they want when they die.

A more thorough explanation:

Definition: The disposable portion refers to the portion of a person's property that they can freely distribute to anyone they choose through their will.

For example, let's say John has a total estate worth $500,000. He has two children, but he wants to leave a portion of his estate to his favorite charity. John's state's laws dictate that he must leave at least half of his estate to his children, but the other half (or less, depending on the state) is his disposable portion. John can choose to leave that portion to his favorite charity, a friend, or anyone else he wishes.

Another example would be if Sarah has a total estate worth $1,000,000. She has three children, but she wants to leave a larger portion of her estate to her youngest child who has special needs. Sarah's state's laws dictate that she must leave at least one-third of her estate to each of her children, but the other third (or more, depending on the state) is her disposable portion. Sarah can choose to leave a larger portion to her youngest child and divide the rest between her other two children.

These examples illustrate how the disposable portion allows individuals to have more control over how their property is distributed after their death. It gives them the freedom to leave a portion of their estate to someone who may not be a direct family member or to distribute their assets in a way that aligns with their personal values and beliefs.

disposable earnings | disposal

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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