☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Lapse (Estate Detail)

The failure of a bequest because the beneficiary predeceased the testator — anti-lapse statutes save the gift by redirecting it to the beneficiary's descendants.

Category: Wills & Estates · Source: Black's Law Dictionary
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: