HB 306

Wills and estates; claims to exempt property and allowances. Directs that any election to take a family allowance, exempt property, or homestead allowance be made one year after the (i) time of admission of a decedent's will to probate or (ii) qualification of an administrator of the decedent's intestate estate, whichever is later. Current law requires such election of exempt property or allowances to be made within one year of the decedent's death.