ademption by extinction

An ademption that occurs because the unique property that is the subject of a specific bequest has been sold, given away, or destroyed, or is not otherwise in existence at the time of the testator’s death. [Cases: Wills 767–768. C.J.S. Wills §§ 1749–1761.]

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词条贡献者

译者Paloma，毕业于英国一流的高级翻译学院，擅长翻译各种与投资基金相关的法律文件。