By Thomas Bonte | Published May 19, 2015 | Posted in Probate & Estate Law | Tagged Tags: ademption, Adjudication, incapacitated person, wills |
Ademption occurs when a specific gift in a will is no longer part of the estate at the time of death. For example, a father drafts a will leaving his red sports car to his son. Before Father’s death, however, he sells the sports car. Because the sports car is no longer owned by Father Read More
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