ademption by satisfaction

An ademption that occurs because the testator, while alive, has already given property to the beneficiary in lieu of the testamentary gift. [Cases: Wills 766. C.J.S. Wills §§ 1743–1744, 1753.]

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词条贡献者

译者Wendy，欧洲知名商学院国际金融专业，擅长翻译各种与私募基金相关的法律文件。