Massachusetts H1944 amends laws on the elective share of surviving spouses.
Massachusetts H1944 revises the elective share provisions for surviving spouses, detailing the composition of the augmented estate and the sources from which the elective share is payable. It outlines the value of the augmented estate, including the decedent's net probate estate, nonprobate transfers, and the surviving spouse's property. The bill also specifies the conditions under which the elective share is payable and the effect of the election on statutory benefits. It further addresses the valuation of property, exclusions, and the burden of persuasion for enforcing a waiver.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.