An in-depth look into the concept of Elective Share, which allows a surviving spouse to claim a statutory percentage of the deceased's estate, supplanting traditional dower and curtesy.
An in-depth examination of intestate succession, which occurs when a person dies without a will, including historical context, legal frameworks, and distribution rules.
An in-depth explanation of the disaster clause, with a focus on common disaster clauses in legal contexts, their implications, and practical applications.
Dower is a statutory provision in a common-law state that directs a certain portion of the estate (often one-third) to the surviving spouse. The term 'curtesy' is used if the surviving spouse is the husband.
A gift causa mortis is a transfer of property executed when a person faces impending death. This unique form of transfer becomes effective only if the donor dies, otherwise, it is revoked.
An in-depth exploration of powers of appointment, including general and special powers of appointment, their definitions, uses, legal considerations, examples, and implications in estate planning.
An in-depth examination of the Uniform Simultaneous Death Act, which streamlines the distribution of assets in cases where spouses die simultaneously, reducing administrative costs and avoiding probate complications.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.