Wills Tricky Flashcards
Can a codicil republish an invalidly executed will?
No. Only valid wills can be republished through a later codicil.
What is the effect of a slayer statute?
A person that has killed the testator cannot inherit from the testator. They are treated as predeceasing the testator.
Divorce revoks _______.
Majority of states: Gifts to former spouses alone are revoked. Minority and under the UPC: specific bequests to the relatives of former spouses are also revoked.
Describe how an anti-lapse statute works:
An anti lapse statute prevents a gift to a beneficiary within a certain degree of relationship to the testator from failing due to lapse.
What kinds of relationships are generally required for anti-lapse statutes?
Blood relations: decendants, parents, parents decendants.
The UPC version applies to a predeceasing beneficiary who is the testator’s (i) stepchild, (ii) grandparent, (iii) or a descendant of the testator’s grandparents.
Only in a minority of states does the anti-lapse statute apply to spouses.
What is abatement?
The process of reducing gifts.