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Hot Topics / Class Actions |
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Random Term From The Legal Dictionary |
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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. For example, the particular gift may have been destroyed, sold or given away between the time of the will and the time of death. Compare this with "abatement".
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Are you in compliance?
Corporate Recordkeeping Made Easy
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