Married With Children:  Example 3

Example

Survivors are your children and your spouse's child whom you adopted.

Assume you pass away without a written will. You have assets valued at $200,000.

Your children include two from your present marriage and your spouse's child whom you have adopted. These children do not inherit as Montana law gives priority to the surviving spouse.

Your spouse may also have a right to the elective share,the homestead allowanceexempt property, and the family allowance which is protected from creditors.

If this is not the division you desire, then you need to write a will.

Montana State University Extension has additional information about estate planning. You may download and print out all MontGuides free at this site:  www.montana.edu/estateplanning/eppublications.html

To explore another family situation, follow this link...