Define: Election Under The Will

Election Under The Will
Election Under The Will
Quick Summary of Election Under The Will

“Election under the will” refers to a legal principle that arises when a person who is named as a beneficiary in a will chooses to either accept the provisions outlined in the will or reject them in favour of their legal entitlements. This typically occurs when the testator (the person who made the will) leaves property to someone who would otherwise inherit under the laws of intestacy (when there is no will). In such cases, the beneficiary must make an “election” to either accept the terms of the will and forfeit their legal entitlements or reject the will and claim their legal entitlements. The decision to make an election under the will can have significant legal consequences and should be made with careful consideration of the implications.

What is the dictionary definition of Election Under The Will?
Dictionary Definition of Election Under The Will
n. in those states which have statutes which give a widow a particular percentage of the late husband's estate (such as dower), the surviving wife may elect to take that percentage instead of any lesser amount (or assets with unacceptable conditions such as an estate which will be cancelled if she remarries) left to her under his will.
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This glossary post was last updated: 29th March 2024.

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