What happens if the testator leaves you something in his will but when he dies, he no longer owns the property that he gave you?
The word for today is “ademption.” If a testatormakes a will and leaves specific property to someone and then later sells or otherwise disposes of the property, the law says that the gift is “adeemed.” In other words, the person to whom it was given doesn’t get anything. Ademption applies to specific gifts such as [...]
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