Omitted spouse definition

Omitted spouse means a surviving spouse who has been omitted from the last will of the decedent and seeks to receive a forced share of the decedent's probate estate under applicable probate law. The term "omitted spouse" also includes a surviving spouse named as a beneficiary in the last will of the decedent but whose bequest under said last will is less than otherwise obtainable as a forced share under applicable probate law.
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Omitted spouse means a surviving spouse who has been omitted from the last will of the decedent and seeks to receive a forced share of the decedent's probate estate under applicable probate law. The term "omitted spouse" also includes a surviving spouse named as a beneficiary in the last will of the decedent but whose bequest under said last will is less than otherwise obtainable as a forced share under applicable probate law. Schedule A Summary Financial Statements of the Parties A. ASSETS Estimated Fair Market Value Estimated Fair Market Value NAME 1 Cash 2 Stocks, bonds, and marketable securities 3 Closely held business interest 4 Home Equity 5 Other Real Estate 6 IRAs
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Examples of Omitted spouse in a sentence

  • Omitted spouse; share of omitted spouse Except as provided in Section 611, if a decedent fails to provide in a testamentary instrument for the decedent’s surviving spouse who married the decedent after the execution of all of the decedent’s testamentary instruments, the surviving spouse is an omitted spouse and, as such, shall receive a share in the decedent’s estate, consisting of (1) the one-half of the community property that belongs to the decedent, and (2) one-half of the decedent’s separate property.

  • Omitted spouse not to receive share; circumstances An omitted spouse shall not receive a share of either the community property portion or the separate property portion of the decedent’s estate under Section 610 if any of the following is established:(a) The decedent’s failure to provide for the omitted spouse in the decedent’s testamentary instruments was intentional and that intention appears from the testamentary instruments.

  • Problems with out-of-date wills-- Omitted spouse or children (failure to change will after remarriage)-- Named executor is deceased or incapacitated or no longer a good choice-- Specific gifts of property that you no longer own-- One or more of your named beneficiaries is deceased-- Failure to nominate guardians for minor children, or nomination of guardians who are no longer the best choice-- Failure to respond to tax law changesB.

Related to Omitted spouse

  • additional spouse means a spouse by the party to the marriage who is additional to the party to the marriage;

  • de facto spouse means a person of the opposite sex to the employee who lives with the employee as the husband or wife of the employee on a bona fide domestic basis, although not legally married to that person.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • State employee means state employee as defined in § 51.1-124.3, employee as defined in

  • Authorized Employee means an employee of Processor who has a need to know or otherwise access Personal Data to enable Processor to perform their obligations under this Addendum or the Agreement.

  • Military spouse means a person who is married to a military service member.

  • Presidential elector certifying official means the state official or body that is

  • Son or daughter of a covered service member means a covered service member’s biological, adopted, or foster child, stepchild, legal ward, or a child for whom the covered service member stood in loco parentis, and who is of any age.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Covered service member means a member of the Armed Forces, including a member of the National Guard or Reserves, who is undergoing medical treatment, recuperation, or therapy, is otherwise in outpatient status, or is otherwise on the temporary disability retired list, for a serious injury or illness.

  • Covered service means a health care service provided to a

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.