ademption by satisfaction
- ademption by satisfaction
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When a person bequeaths specific property through a will and then gives that property to the beneficiary while still living. (
See also: ademption)
Category: Wills, Trusts & Estates → Wills
Nolo’s Plain-English Law Dictionary.
Gerald N. Hill, Kathleen Thompson Hill.
2009.
- ademption by satisfaction
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Webster's New World Law Dictionary.
Susan Ellis Wild.
2000.
Look at other dictionaries:
ademption — ademp·tion /ə demp shən/ n [Latin ademptio, from adimere to take away, from ad to + emere to buy, obtain] 1: the revocation of a gift in a will inferred from the disposal (as by sale) of the property by the maker of the will before he or she dies … Law dictionary
satisfaction — sat·is·fac·tion n 1 a: the act or fact of satisfying b: execution of an accord by performance of the substituted obligation often used in the phrase accord and satisfaction compare accord 3, transaction 3 c … Law dictionary
ademption — The extinction or satisfaction of a legacy by some act of the testator, which indicates either a revocation or an intention to revoke the bequest. American Trust & Banking Co. v Balfour, 138 Tenn 385, 198 SW 70, 57 Am J1st Wills § 1580. The… … Ballentine's law dictionary
ademption — əˈdem(p)shən, aˈ noun ( s) Etymology: Latin ademption , ademptio, from ademptus (past participle of adimere to take away, from ad + imere, from emere to buy, obtain) + ion , io ion more at redeem : revocation or satisfaction of a property… … Useful english dictionary
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Intestacy — Intestate redirects here. It is not to be confused with Interstate. Wills, trusts … Wikipedia
Executor — This article is about the legal term. For other uses of the term, see Executor (disambiguation). Wills … Wikipedia
