Ademption at Legal Glossary What is it? The failure of a bequest of property in a will. The gift fails (is adeemed) because the person who made the will no longer owns the property when he or she dies.
Ademption by Satisfaction
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The doctrine of ademption by satisfaction provides for the situation in which a testator decides to change the timing of a gift in order to permit the beneficiary to enjoy the benefits of the gift ...
Ademption definition:
When property identified in a will cannot be given to the beneficiary because it no longer belonged to the deceased at the time of death.
Related Terms: Abatement ...
Ademption
v. a taking away or revocation of a legacy, by the testator. It is either express or implied.
Ademption:
A reference to the fact that property identified in a will cannot be given to the beneficiary because it no longer belonged to the deceased at the time of death.
Ademption:
When property identified in a will cannot be given to the beneficiary because it no longer belonged to the deceased at the time of death.
ADEMPTION, wills. A taking away or revocation of a legacy, by the testator.
ademption
The failure of a bequest of property in a will. The gift fails (is "adeemed") because the person who made the will no longer owns the property when he or she dies.
ademption
Related answers:
What is the legacy of Rome? Read answer...
Debts are paid before gifts made in wills are distributed and where a specific gift has to be sold to pay off a debt, it is said to "abate" (compare with " ademption").
A legacy may be lost by abatement, ademption and lapse. When the legatee dies before the testator or before the condition upon which the legacy is given be performed or before the time at which it is directed to vest in interest have arrived, ...
see also abate ademption
compare distribution
Formerly devise was used to refer only to gifts of real property, and legacy and bequest were used only to refer to gifts of personal property. These distinctions are no longer closely followed.
 See also: Will, Law, Property, Person, Estate
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