Missouri Agreement to Partition Real Property among Surviving Spouse and Children of Decedent

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Multi-State
Control #:
US-1191BG
Format:
Word; 
Rich Text
Instant download

Description

Partition is the division between two or more persons of real or personal property held by them in common ownership. The division can take place between joint tenants or tenants in common.
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  • Preview Agreement to Partition Real Property among Surviving Spouse and Children of Decedent
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FAQ

Each owner of a Tenancy in Common has the right to completely possess the entire property. Under Missouri Law, a deed or other document that creates a Joint Tenancy with Right of Survivorship must clearly state that in the document.

The Partition Action Owners of real estate in Missouri can bring a partition action to resolve such disputes. The law prefers to physically divide the property ?in kind?. A court may instead order a sale of the property and divide the proceeds among the owners if a division in kind is not possible.

In Missouri, if a person dies without having left a will, the surviving spouse is entitled to receive one-half (1/2) of the estate if the deceased is survived by children, and the first $20,000 from the estate if the surviving spouse is also the parent of all of the surviving children.

In most cases, if someone passes away without a will, all or the majority of their estate will pass on to their spouse, and the remaining amount will be divided between the parents of the individual who passed on or their descendants if they are not the children of the surviving spouse.

A spouse and children from someone other than that spouse the spouse inherits one-half (1/2) of decedent's intestate property; the children inherit everything else. parents and siblings but no spouse or descendants the parents and siblings, or their descendants, inherit the intestate property in equal shares.

All of the legal heirs (as specified under Missouri law) and each of the heirs' spouses must be in agreement and willing to cooperate.

Details follow: The share is one-half if there are no children or grandchildren, or one-third if there are children or grandchildren. The share is in addition to the exempt property and support allowances. The share is subject to the claims of creditors.

In most cases, if someone passes away without a will, all or the majority of their estate will pass on to their spouse, and the remaining amount will be divided between the parents of the individual who passed on or their descendants if they are not the children of the surviving spouse.

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Missouri Agreement to Partition Real Property among Surviving Spouse and Children of Decedent