South Carolina Petition for Elective Share

State:
South Carolina
Control #:
SC-SKU-0719
Format:
PDF
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Petition for Elective Share

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FAQ

SECTION 62-2-101. Intestate estate. Any part of the estate of a decedent not effectively disposed of by his will passes to his heirs as prescribed in the following sections of this Code.

Presumption of ownership of tangible personal property; exceptions.

The appointment of a witness, a witness's spouse, or a witness's issue is valid, if otherwise so, and the individual so appointed, in such case, is entitled by law to take or receive any commissions or other compensation on account thereof.

SECTION 62-5-101. Definitions and use of terms. Unless otherwise apparent from the context, in this article: (1) "Adult" means an individual who has attained the age of eighteen or who, if under eighteen, is married or has been emancipated by a court of competent jurisdiction.

Exempt property. The surviving spouse of a decedent who was domiciled in this State is entitled from the estate to a value not exceeding twenty-five thousand dollars in excess of any security interests therein in household furniture, automobiles, furnishings, appliances, and personal effects.

Current through 2023 Act No. 5. Section 62-2-202 - Probate estate (a) For purposes of this Part, probate estate means the decedent's property passing under the decedent's will plus the decedent's property passing by intestacy, reduced by funeral and administration expenses and enforceable claims.

Any executor, devisee, legatee, guardian, attorney, or other person who fails to deliver to the judge of the probate court having jurisdiction to admit it to probate any last will and testament, including any codicil or codicils thereto, upon conviction must be punished as for a misdemeanor.

(A) The rights of a surviving spouse to an elective share, homestead allowance, and exempt property, or any of them, may be waived, wholly or partially, before or after marriage, by a written contract, agreement, or waiver voluntarily signed by the waiving party after fair and reasonable disclosures to the waiving

More info

Assuming he or she is successful, assets equal to an elective share will be distributed to him or her. An elective share petition causes a redistribution of assets among the beneficiaries of an estate and causes parties to have to transfer assets to the spouse.1. Elective-share amount. (e2) Information About Total Net Assets. The elective share compensates a surviving spouse when the deceased disinherits his or her "partner. " Id. (Citations omitted). Surviving Spouse filed a "Petition for Specific Property, Year's Support Allowance, and. Elective Share" on February 24, 2021. Satisfaction of deferred marital property elective share amount. Elective Share of Surviving Spouse of Decedent Dying on or After January 1, 2017.

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South Carolina Petition for Elective Share