ademption (of legacies)


ademption (of legacies)
in both the English and the Scots law of succession, a special legacy that specifies that the gift (e.g. 'my treasured dictionary') will be cancelled or reduced (adeemed) if the object is no longer part of the estate at the date of death, as where the testator has sold the dictionary to a book collector. A specific legacy of £1,000 sterling may be reduced if, before the testator's death, he has given the legatee a portion of the money. Furthermore, if a specific legacy changes its nature, the legacy will adeem, as the description of the legacy will no longer match the object.

Collins dictionary of law. . 2001.

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

  • legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be …   Black's law dictionary

  • legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be …   Black's law dictionary

  • Roman Law —     Roman Law     † Catholic Encyclopedia ► Roman Law     In the following article this subject is briefly treated under the two heads of; I. Principles; II. History. Of these two divisions, I is subdivided into: A. Persons; B. Things; C. Actions …   Catholic encyclopedia

  • abatement — A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. Legacies. A proportional diminution or reduction of the pecuniary legacies, when the funds or assets out of which… …   Black's law dictionary

  • abatement — A reduction, a decrease, or a diminution. The suspension or cessation, in whole or in part, of a continuing charge, such as rent. Legacies. A proportional diminution or reduction of the pecuniary legacies, when the funds or assets out of which… …   Black's law dictionary

  • legacy — leg·a·cy / le gə sē/ n pl cies [Medieval Latin legatio, from Latin legare to bequeath]: a gift of property by will; specif: a gift of personal property by will: bequest see also ademption compare devise conjoint leg …   Law dictionary

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