Increases the value of a motor vehicle exempt from a will or intestate distribution for the benefit of a decedent's family.

This bill amends the estates, powers and trusts law to increase the value of a motor vehicle exempt from the provisions of a will or intestate distribution for the benefit of the family of a decedent. Specifically, it raises the exemption limit from twenty-five thousand dollars to fifty thousand dollars. The surviving spouse or decedent's children may acquire one such motor vehicle from the estate, regardless of the decedent owning another vehicle of lesser value.

Increases the value of a motor vehicle exempt from a will or intestate distribution for the benefit of a decedent's family.

This bill amends the estates, powers and trusts law to increase the value of a motor vehicle exempt from the provisions of a will or intestate distribution for the benefit of the family of a decedent. Specifically, it raises the exemption limit from twenty-five thousand dollars to fifty thousand dollars. The surviving spouse or decedent's children may acquire one such motor vehicle from the estate, regardless of the decedent owning another vehicle of lesser value.