Ch 25 Terminology

Question 1

Adeemed

Answer 1

taken away

Question 2

Ademption

Answer 2

the discharge of a legal obligation by paying a party what is due

Question 3

Advancement/Satisfaction

Answer 3

the testators disposing of or giving to a beneficiary while alive that which was provided in a will so as to make it impossible to carry out the will

Question 4

Antilapse Statute

Answer 4

laws designed to minimize the effect of lapse

Question 5

Codicil

Answer 5

an amendment to a will that must be executed with the same formalities as the will itself

Question 6

Demonstrative Legacy

Answer 6

a bequest of a certain sum of money with a direction that it be paid out of a particular fund

Question 7

Execute

Answer 7

to complete to make to perform or to do such as sign a will

Question 8

Extinction

Answer 8

the act of extinguishing or putting to an end

Question 9

General Legacy/General Pecuniary Legacy

Answer 9

a gift of money out of the general assets of the estate

Question 10

Intestate

Answer 10

the state of having made no valid will

Question 11

Intestate Succession

Answer 11

the act or process of an heirs becoming benifically entitled tot he property of one who had died without a will

Question 12

Issue

Answer 12

all people who have descended from a common ancestor

Question 13

Lapsed Devise

Answer 13

a gift of real property in a will that fails because the devisee predeceased the testator

Question 14

Lapsed Legacy

Answer 14

a gift of personal property in a will that fails because the legatee predeceased the testator

Question 15

Pecuniary Gift

Answer 15

gift of money

Question 16

Predeceased

Answer 16

to die before

Question 17

Republishing a Will

Answer 17

reestablishing a will that has been formerly revoked or improperly executed

Question 18

Residuary Clause

Answer 18

the clause in a will that disposes of all of the testators property not otherwise distributed

Question 19

Revocable

Answer 19

capable of being revoked

Question 20

Revocation

Answer 20

the act of revoking the taking back of an offer by an offeror before it has been accepted

Question 21

Revoke

Answer 21

to cancel or rescind

Question 22

Simultaneous Deaths

Answer 22

the death of two or more people in such a way that it is impossible to determine who died before whom

Question 23

Slayer Statue

Answer 23

laws enacted by legislatures stating that murderers cannot inherit from their victims

Question 24

Specific Legacy

Answer 24

a gift by will of a particular article of personal property