A Spousal Allowance refers to the right a person has to claim the personal property of their spouse even if they have not gone through the full probate or estate administration process. This tool allows the surviving spouse to access funds ahead of the longer timelines and creditor claims that come with the completion of a full estate administration. The surviving spouse, with a few exceptions, may claim up to Read More
What is a Spousal Allowance?
A Spousal Allowance, technically known as an “Application and Assignment Year’s Allowance,” refers to the right that a person has to claim the personal property of his or her spouse after that spouse passes away. This tool allows the surviving spouse to access certain funds with priority over creditors and ahead of the longer timelines that come with the completion of a full estate administration. The surviving Read More
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