21:03
Congrats1!
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
family allowance
Read a random definition: technology transfer
A quick definition of family allowance:
Family allowance is money that is given to the surviving spouse and children of someone who has passed away. This money comes from the estate of the person who passed away and is meant to help the family with their financial needs until the estate is distributed. Each state has its own rules about how much money can be given, but the goal is to provide the family with the financial support that the person who passed away used to provide.
A more thorough explanation:
Family allowance is a type of financial support that is given to the surviving spouse and children of a deceased person. This support is provided from the estate of the deceased person until the estate is distributed. The amount of the allowance is determined by law in each state.
John passed away, leaving behind his wife and two children. His estate is currently being processed, but it will take some time before it is distributed. In the meantime, John's family is struggling to make ends meet without his income. To help them during this difficult time, the court has granted them a family allowance from John's estate.
Another example could be a parent who passes away, leaving behind a minor child. The family allowance would provide financial support to the child until they reach adulthood and can access their inheritance.
These examples illustrate how family allowance can help provide necessary financial support to surviving family members during a difficult time of transition.