Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

disposable portion

Read a random definition: mutual account

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
mushroomroundtop01
16:46
CONGRATS DINOSAURRRRRRR
mushroomroundtop01
16:46
EPSTEIN PROGRAM TOO WOW UR AMAZING
cumsock
16:46
I thought that was an Epstein joke
@IrishDinosaur: proud of you champion :)
mushroomroundtop01
16:47
Nah its rllt their pi program
16:47
When I was applying I thought the same thing Mr Sock
jackfrost11770
16:47
YEAHHHHHH DINOOOO
how did @sleepytimeteabear get waitlisted from gtown and upenn with a 180
thanks guys, im fucking stoked. its my first decision so far
and from my alma mater :')
mushroomroundtop01
16:48
and thats such a huge decision too omg so happy for u
jackfrost11770
16:48
If I signed up for a Cornell lets talk thing but my train was 30 minutes late and now I defiantly can't show up is it alright if I just don't .... I don't want it to affect me lmfao
jackfrost11770
16:48
how many ppls usually show up to those things
<3 much love to yall. i gtg back to work now but thanks for celebrating w me
jackfrost11770
16:49
They have one every month don't they
i cant imagine cornell keeping track of who goes to the lets talk
i mean maybe?
jackfrost11770
16:50
I mean they asked for lsac number but yeah I don't imagine they specifically keep track? Gtown does tho ....
jackfrost11770
16:50
But gtown is special lmfao
jackfrost11770
16:50
In a bad way
16:51
Do you need camera on/mic on for those Lets Talk Cornell things? I kinda want to attend but I'm at work
jackfrost11770
16:51
I have no idea I've never been to one
jackfrost11770
16:51
Hence Idk what to expect even capacity wise
jackfrost11770
16:51
But I'm literally still 30 minutes from home and it's in 10 min so unless I join on my phone with no camera or mic then I cannot lmao
jackfrost11770
16:55
You know what if Cornell don't want me they don't me I'm not worrying myself over this
16:57
There was a Vandy wave today?
GodsPlanUltimately
16:57
@jackfrost11770: What a excellent mindset. Cornell must have poor taste
1. Kansas 196. Cornell
nope cornell can be 2.
cornell is incredibly based
LSD+ is ad-free, with DMs, discounts, case briefs & more.