Guam § 3119 - Setting Aside Estates Under One Hundred Twelve Thousand Five Hundred Dollars

§ 3119. Setting Aside Estates Under One Hundred Twelve Thousand Five Hundred Dollars

($112,500): Decree Assigning Estate to Surviving Spouse, Child or Children; Title to Property;

Restriction on Right.

If, upon the hearing of any petition provided for in this Article, the Superior Court finds that the net

value of the estate over and above all liens and encumbrances at the death of the decedent and over and

above the value of any homestead interest set apart out of the decedent’s estate under the provisions of §§

2401 or 2409 of this Title does not exceed the sum of One Hundred Twelve Thousand Five Hundred Dollars

($112,500), as of the date of such death, and that the expenses of the last illness, funeral charges and

expenses of administration have been paid, it shall, by decree for that purpose, assign to the surviving

spouse of the decedent, if there be a surviving spouse, provided said surviving spouse shall not have

theretofore remarried, or, if there be no surviving spouse, then to such child or children of the decedent as

may then be minors, if any, the whole of the estate, subject to whatever mortgages, liens or encumbrances

there may be upon said estate at the time of the death of the decedent. The title thereto shall vest absolutely

in such surviving spouse, or if there be no such surviving spouse, in the minor child or children, subject to

whatever mortgages, liens and encumbrances there may be upon said estate at the time of the death of the

decedent, and there must be no further proceedings in the administration, unless further estate be

discovered.