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House Bill 1368


House Bill 1368

ARCHIVE (2003)

Latest Information

 

DIGEST OF HB1368 (Updated April 15, 2003 3:11 PM - DI 84)


Share of subsequent childless spouse. Provides that a subsequent childless spouse of a person who dies after June 30, 2003, receives an intestate share or an elective share in an amount equal to 25% of the fair market value of the lands of the deceased. Provides that in determining "net estate" for purposes of the intestate or elective share, death taxes are not subtracted from the total estate to determine the net estate. Provides that a court order describing the fair market value of the estate is confidential. Specifies that a will must be executed by the signature of the testator and two witnesses on a will or self-proving clause. Repeals a provision concerning the portion of the estate a widow receives free from claims by creditors.
Current Status:
 Law Enacted
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