- If the deceased leaves a spouse and no children or descendants, the spouse receives the entire estate.
- If the deceased leaves a spouse and children (all of whom are children of the spouse), the spouse receives the first $300,000 and half of the remaining estate. The other half of the remaining estate is divided among the children.
- If the deceased leaves a spouse and children, some of whom are not the children of the spouse, the spouse receives the first $150,000 and half of the remaining estate which is then divided among the children.
- Surviving spouses do not automatically have an interest in the spousal home. Rather they have the option to buy the home.
- If the deceased leaves no spouse, then the estate is divided among the children equally.
- If the deceased had no spouse or children then the estate is passed onto the other family members such as parents, siblings, aunts, uncles, etc.
- If no one qualifies to receive the estate under the rules, the estate goes to the government.
- Looking at the above options are you comfortable with those that pertain to you?
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