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Trust Glossary

Spousal Right of Election - A surviving spouse's right in common law states to elect to take a specified share of the decedent’s estate instead of under the will.


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The content in this glossary is general in nature and is intended for informational purposes only. It is not intended to provide specific advice or recommendations for any individual or organization, because the facts and circumstances surrounding each situation differ. Please consult your attorney, tax advisor or other professional advisor for advice on your particular situation.






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