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ademption |
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ademption
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No references found | 2000),is a District of Columbia case where the court determined that a rollover of qualified plan assets into an IRA by the decedent prior to death did not constitute ademption under the probate code. 59) In the event that there is insufficient or absent property in an estate to fill a specific bequest, the theory of ademption directs a court to assign the legatee either nothing if the donative intent was satisfied through prior transfer or the nearest equivalent if the donative intent was not satisfied. 1993) (applying the doctrine of ademption to a revocable trust). |
ademption |
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