Dear ,

Estate planning is often perceived as a roadmap for securing one's assets and leaving a lasting legacy for future generations. Yet, within the intricate web of estate law lies a lesser-known but crucial concept: elective share. Join us as we unravel the complexities of elective share and its profound implications for spouses in estate planning.

In today's newsletter, we delve into the intricate world of elective shares, how they work, and how they can benefit a spouse in a tough probate situation. 

Key Takeaways:

• NC General Statute 30-3.1
• Allows a spouse to claim a fair share of marital assets from the deceased spouse's estate, even if the will was not outlined that way.
• Depends on how long the marriage was. 
• Can protect the surviving spouse from financial troubles. 

Dive deeper into our full blog post for a comprehensive understanding and actionable steps to protect your assets. 

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Thank you for being a valued member of the McElder Law community. Remember, preparation today is protection tomorrow.

Warm regards,

The McElder Law Team

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Attorney Greg McIntyre is the CEO and managing attorney of McIntyre Elder Law. He started the firm to help seniors and their families protect their assets and legacies.