Lapsed Gift: A gift made in a will to a person who has died prior to the will-makers death.
Larceny: Obtaining property by fraud or deceit.
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Lapsed Gift - A gift made in a will to a person who has died prior to the will-maker's death.
Larceny - Obtaining property by fraud or deceit.
Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.
 See also: Property, Will, Gift, Court, Person
  
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