Financial

simultaneous death clause

simultaneous death clause

Usually in wills made by husbands and wives, the clause says that if one does not survive the other by a certain time limit, usually 6 months, their properties will be disposed of in an alternative manner specified in the will.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive
Planning hints: Simultaneous death clauses frequently are not carefully considered in drafting and reviewing wills.
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