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Uniform Simultaneous Death Act
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A quick definition of Uniform Simultaneous Death Act:
The Uniform Simultaneous Death Act is a law that helps families when two people die within 120 hours of each other. When someone dies, their family usually has to go through a long and expensive process called probate to get their things. Without this law, the family would have to go through probate twice if two people died close together, like a husband and wife. But with this law, the family only has to go through probate once, which makes things easier for them.
A more thorough explanation:
The Uniform Simultaneous Death Act is a law that has been passed by many states in the United States. It helps to simplify the process of probate when two people die within a short period of time. Probate is the legal process of distributing a person's assets after they die.
Without the Uniform Simultaneous Death Act, if two people died within a short period of time, their heirs would have to go through two separate probate proceedings. This would be a long and costly process. For example, if a husband and wife both died in a car accident, their children would have to go through two separate probate proceedings to inherit their parents' assets.
The Uniform Simultaneous Death Act allows probate courts to resolve the distribution of inheritances in one proceeding if two people die within 120 hours of each other. This makes the process much simpler and less expensive for the heirs.
For example, if a husband and wife both died in a car accident and the husband died first, the Uniform Simultaneous Death Act would allow the court to distribute both of their assets in one probate proceeding. This would save time and money for their children.
Uniform Resource Locator (URL) | Uniform Transfer-on-Death Securities Registration Act