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Legal Definitions - right of election
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Definition of right of election
Definition: The right of election is a legal term used in wills and estates. It refers to the surviving spouse's legal right to choose between the gifts given by the deceased spouse in the will or a forced share or a share of the estate as defined in the probate statute. This right is also known as the widow's election.
Example: Let's say that John and Jane were married, and John passed away. John's will stated that he left all his assets to his children from a previous marriage. However, Jane has the right of election, which means she can choose to take a forced share of John's estate instead of what was left to her in the will. If Jane chooses to take the forced share, she will receive a portion of John's estate as defined by the probate statute, regardless of what was stated in the will.
Explanation: This example illustrates how the right of election works in practice. Even if a spouse is not included in the deceased spouse's will, they still have the legal right to choose between the gifts given in the will or a forced share of the estate. This ensures that the surviving spouse is not left without any inheritance, even if they were not included in the will.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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Simple Definition
The right of election is a legal term that refers to a surviving spouse's right to choose between the gifts given by the deceased spouse in their will or a forced share or a share of the estate as defined in the probate statute. This is also known as the widow's election. Essentially, this means that if a spouse is not satisfied with what they were left in their partner's will, they have the option to choose a different portion of the estate instead. This right is granted by law to ensure that a surviving spouse is not left without any inheritance or support after their partner's death.
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