Specific Bequest at Legal Glossary
What is it? A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesnt receive Johns current car or the cash equivalent of the Mercedes. See ademption.Law Definition Added By: Isaac
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