elective share

Definition of "elective share"
  1. The legal right of a surviving spouse to claim a certain portion of a deceased person's estate, irrespective of the will's provisions, as guaranteed by state law
How to use "elective share" in a sentence
  1. After her husband's death, she decided to go for the elective share instead of the will's allocation.
  2. The elective share law guarantees a fair portion of the estate to the surviving spouse.
  3. Claiming the elective share can override the conditions specified in a deceased spouse's will.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z