Augmented Estate at Legal Glossary
What is it? In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouses estate. (This is called taking against the will.) The amount of this statutory share or elective share depends on state law.Law Definition Added By: Layla
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