Known as a common disaster clause, couples should ensure that their residual estate would pass to the surviving spouse only after surviving the testator by a specified period of time, typically 30 days. This means that if one spouse were to die, instead of the residual estate passing immediately to the other spouse, it is held up for the specified period of time.

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The late South African leader, Nelson Mandela, has left behind a legacy and an estate amassing $4.6 million for his loved ones. Under the provisions of his Will, his widow, Graca Machel, has the right to receive several of the assets left behind in his Will, provided that she forfeit her right to his estate.

What is included in these assets and what does she receive? Read About It Here.