Elective-share Definition

noun
In trusts and estates, a share, mandated by law, that a spouse or child may elect to take of the estate, in lieu of inheriting under the will.
Webster's New World Law

(law) A proportion of a decedent's estate which the surviving spouse may claim, as a substitute for what they were left in the decedent's will.

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Other Word Forms of Elective-share

Noun

Singular:
elective-share
Plural:
elective-shares

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