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Simple English definitions for legal terms

elective share

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A quick definition of elective share:

The elective share is a law in the United States that helps protect a surviving spouse from being completely left out of their deceased spouse's will. It ensures that the surviving spouse receives a certain portion of the deceased spouse's estate, usually one-third, regardless of what the will says. This law exists in states where spouses can own separate property, which means they don't automatically share everything they own.

A more thorough explanation:

The elective share is a legal term that refers to a spousal share, which is also known as a statutory share, election against the will, or forced share. It is a law in the United States that prevents a spouse from being disinherited.

When someone dies, their property and assets are distributed according to their will. However, if the deceased spouse did not leave anything for their surviving spouse, the elective share law comes into play. This law gives the surviving spouse a fixed fraction of the deceased spouse's probate estate. Traditionally, this fraction is one-third of the estate, regardless of the length of the marriage. For example, if a husband dies and leaves behind a $300,000 estate, his wife would be entitled to $100,000.

The Uniform Probate Code provides a more complicated scheme for determining the elective share. Elective share statutes are enacted in "separate property states." These are often contrasted with "community property states." In separate property states, the property and assets acquired during the marriage belong to the spouse who acquired them. In community property states, the property and assets acquired during the marriage belong to both spouses equally.

Overall, the elective share law ensures that a surviving spouse is not left with nothing after their partner's death. It provides a safety net for spouses who may have been left out of their partner's will.

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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