Living Trust - Curtesy or Dower Requirements State - Estate palanning - A revocable living trust - living trust forms - revokable - irrevocable - make your own living trust

   

Living trust - Free revocable living trust law - Living trust agreement - Living trust forms - Do it yourself living trust - Estate planning

 LEGAL SERVICES   LEGAL FAQ's   DISCUSSION BOARD   FIND LAWYER   LEGAL FACTS   LEGAL NEWS   LOGIN 
empty space My Shopping Cart   empty space
        Power of Attorney  
        Bill of Sale  
        Living Will  
        Premarital Agreement  
        Last Will  
        Living Trust  
        Divorce Online  
        Credit Report  
        Incorporate & LLC  
        Change Name  
        Criminal History  
   
 
 
 
Curtesy or Dower Requirements State
 

Is your state a curtesy or dower requirements state?

In most states the laws give to a surviving spouse certain legal rights that cannot be defeated by a will. Some of these state laws, but not all, also give to a surviving spouse certain rights that cannot be defeated by gifts, the revocable living trust or other transfers. These marital property rights are called community property, dower, curtesy, elective rights, statutory rights or various other terms. These rights typically give one-half, one-third, or some other portion of the estate of the deceased to the surviving spouse.
 
The laws of several states require grantors to leave a certain amount of money to their spouses. The portion of property due a wife by law is called dower, the portion of property due a husband from his wife is called curtesy.
 
Curtesy States. Hawaii, Kentucky, Massachusetts, Michigan, Ohio, Vermont are curtesy states. The laws of these states require spouses to leave a minimum of one-third to one-half of their property to the surviving spouse, meaning that if you live in a dower state and in your trust you expressed your wish to grant to your wife only 25% of the property you own, the state will ignore your wishes and give at least one-third (or more) of your property to your wife.
 
Community Property States. Community property states include Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin. In community property states, all money earned by the spouses during their marriage, as well as all property acquired with that money, is divided in equal proportion.
 
In general, community property consists of whatever property is gained during the marriage by the toil, talent, or other productive faculty of either spouse. Usually, property obtained by one spouse by gift, devise, or descent is not included in community property. In community property states, you should check the specific laws of your state on these questions, since they vary from state to state. Therefore, it is suggested that the spouse of the grantor sign all transfers of property by a married person.
 
This is not a problem for most married people because they generally own property in joint names. If community property is to be placed in a revocable trust by a married person, the grantor's spouse should join in the execution of the trust agreement.

 
 

 
Previous Page     or
     Create Living Trust
 
Get more useful information:
 
Federal Estate Tax Exemption
Witness Declaration and Notary Acknowledgment Requirements
Trust vs. Will: Revocable Living Trust Take Precedence Over a Will.
Marital Property Rights
Revocable Living Trust Advantage
Read related Living Trust facts
Read Related Living Trust FAQ's
Read Related Living Trust news

 
 
 OUR MISSION   FACTS   CREDIT REPORT   LEGAL DISCLAIMER   CONTACT US   SITEMAP   BLOG