Ademption
Ademption occurs when property gifted in a will is not in the estate’s possession at the time of the testator’s death. This occurs when the property has been sold, destroyed or given away before the testator’s death.
Ademption occurs when property gifted in a will is not in the estate’s possession at the time of the testator’s death. This occurs when the property has been sold, destroyed or given away before the testator’s death.