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MS SB2160

Bill

Status

Failed

2/4/2014

Primary Sponsor

Sean Tindell

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Amends Section 91-5-29 of Mississippi Code to revise how a spouse's separate estate is calculated when determining eligibility to renounce a deceased spouse's will.

  • Changes gender-specific language to gender-neutral terms ("person" instead of "wife"/"husband") throughout the statute.

  • Adds new requirement that the entire value of the marital homestead must be excluded from any calculation of separate estate when determining whether a spouse can renounce the will.

  • Maintains existing three-tier system for calculating spousal entitlement based on the ratio of separate property to intestate share (2/3, 1/2, or 1/3 proportions).

  • Takes effect July 1, 2014.

Legislative Description

Wills; revise calculation when spouse seeks to renounce.

Last Action

Died In Committee

2/4/2014

Committee Referrals

Judiciary, Division A1/10/2014

Full Bill Text

No bill text available