Estate planning is a present to loved ones and makes certain that belongings are divided as the decedent intends. A vital element of that planning is becoming informed of and offering for opportunity taxes levied in opposition to an estate.
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Texas provides a "compelled share" or "elective share" provision that protects the surviving husband or wife from getting entirely disinherited. If a deceased spouse's will fails to provide the surviving husband or wife with a good share with the estate, they have the right to elect to receive a statutory share of your estate. The precise proportion in the elective share may differ based on the duration of the marriage.
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