What is another word for statutory share?

Pronunciation: [stˈat͡ʃuːtəɹˌi ʃˈe͡ə] (IPA)

Statutory share refers to the portion of an estate that is legally mandated to be granted to a surviving spouse or child. Synonyms for this term include "forced share," "elective share," and "legitim." A forced share is a legal provision that provides a minimum share of an estate to a surviving spouse or child regardless of the terms of the will. An elective share, on the other hand, allows a surviving spouse to choose between accepting the provisions of the will or taking a statutorily predetermined share. Finally, legitim is a term used in civil law jurisdictions to refer to the portion of an estate that must be granted to a surviving child.

Synonyms for Statutory share:

  • Other relevant words:

What are the hypernyms for Statutory share?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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