732.207  Amount of the elective share.--The elective share shall consist of an amount equal to 30 percent of the fair market value, on the date of death, of all assets referred to in s. 732.206, computed after deducting from the total value of the assets:

(1)  All valid claims against the estate paid or payable from the estate; and

(2)  All mortgages, liens, or security interests on the assets.