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
Read MoreWhen a person reaches a point where they are unable to function either daily or manage their own finances the court may appoint a guardian if the person is adjudicated an “incapacitated person.” If the incapacitated person only needs aid or assistance in their daily functioning, the court may appoint a guardian of the pers Read More
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