LD 783
pg. 2
Page 1 of 2 An Act to Update the Probate Code LD 783 Title Page
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LR 1140
Item 1

 
If the estate is otherwise sufficient, property specifically
devised is not used to satisfy rights to homestead and exempt
property. Subject to this restriction, the surviving spouse, the
guardians of the minor children, or children who are adults may
select property of the estate as homestead allowance and exempt
property. The personal representative may make these selections if
the surviving spouse, the children or the guardians of the minor
children are unable or fail to do so within a reasonable time or if
there are no guardians of the minor children. The personal
representative may execute an instrument or deed of distribution to
establish the ownership of property taken as homestead allowance or
exempt property. He The personal representative may determine the
family allowance in a lump sum not exceeding $6,000 or periodic
installments not exceeding $500 $1,000 per month for one year, and
may disburse funds of the estate in payment of the family allowance
and any part of the homestead allowance payable in cash. The
personal representative or any interested person aggrieved by any
selection, determination, payment, proposed payment, or failure to
act under this section may petition the court for appropriate
relief, which relief may provide a family allowance larger or
smaller than that which the personal representative determined or
could have determined.

 
SUMMARY

 
This bill increases the homestead allowance from $5,000 to
$10,000. The bill also increases the exempt property from an
estate allowed to a surviving spouse from $3,500 to $7,000. The
bill also increases the spouse or family allowance from periodic
installments of $500 a month to $1,000 a month.


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