The Rights of a Surviving Spouse and Children to Inherit from a Deceased Parent

by | Jan 10, 2024 | Spousal IRA

The Rights of a Surviving Spouse and Children to Inherit from a Deceased Parent




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Inheritance rights are an important aspect of the law that ensure that a deceased person’s assets are distributed fairly among their surviving family members. When a person passes away, their estate is divided according to the laws of their jurisdiction, which may vary from one place to another. In this article, we will take a closer look at the inheritance rights of a surviving spouse and children of a deceased parent.

The surviving spouse is typically entitled to a portion of the deceased spouse’s estate, regardless of whether there is a will or not. This is known as the spousal elective share, and it ensures that the surviving spouse is provided for after the death of their partner. The specific amount that the surviving spouse is entitled to varies depending on the laws of the state or country where the deceased spouse lived. In some jurisdictions, the surviving spouse may be entitled to one-third to one-half of the deceased spouse’s estate.

In addition to the spousal elective share, the surviving spouse may also be entitled to other assets such as joint tenancy property, life insurance proceeds, retirement accounts, and other non-probate assets. It’s important to note that if the deceased spouse had a will, the surviving spouse may be entitled to more or less than the spousal elective share, depending on the terms of the will.

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When it comes to the children of a deceased parent, their inheritance rights also depend on the laws of the jurisdiction in which the deceased parent lived. In general, children are entitled to a share of their deceased parent’s estate if there is no surviving spouse or if the surviving spouse’s share does not exhaust the entire estate. If there are multiple children, the estate is typically divided equally among them. If a child predeceases the parent, their share may pass to their own children or to the other siblings, depending on the laws of inheritance in that jurisdiction.

In some cases, the deceased parent may have specified their wishes for the distribution of their estate in a will. If there is a will, the children’s inheritance rights are determined by the terms of the will. However, if a child believes they have been unfairly left out of a parent’s will or have not been adequately provided for, they may have the option to contest the will in court.

It’s important to keep in mind that inheritance laws can be complex and may vary greatly depending on the specific circumstances and the laws of the jurisdiction in which the deceased parent lived. Consulting with a qualified estate planning attorney can help surviving spouses and children understand their inheritance rights and make sure that they are fairly provided for after the death of a loved one.

In conclusion, the inheritance rights of a surviving spouse and children of a deceased parent are determined by the laws of the jurisdiction in which the deceased lived. The surviving spouse is typically entitled to a portion of the deceased spouse’s estate, while children are entitled to a share of the estate if there is no surviving spouse or if the surviving spouse’s share does not exhaust the entire estate. Consulting with an estate planning attorney can help ensure that surviving family members receive their fair share of the deceased parent’s estate.

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