Question
Jills spouse Bob died six months ago. Their daughter is 20 years old and in university. Bob did not have a Will. As Jill is
Jills spouse Bob died six months ago. Their daughter is 20 years old and in university. Bob did not have a Will. As Jill is the surviving married spouse, she will receive $200,000 and then she and her daughter will each receive 50% of the remainder. The $200,000 refers to the dollar value of the estate assets that are distributed to the surviving spouse before the assets are distributed among all potential beneficiaries. This $200,000 is called _____________________.
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widowers share
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preferential share
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notarized share
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holograph assets
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liquidation assets
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