☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Lapse (Wills)

The failure of a testamentary gift because the intended beneficiary predeceased the testator, causing the gift to fall into the residue of the estate or pass by intestacy, unless saved by an anti-lapse statute.

Etymology: Latin 'lapsus' (a falling, slipping) · Category: Wills & Estates · Source: Various state anti-lapse statutes; Uniform Probate Code § 2-603
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