Glossary - Ademption

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Ademption

Ademption occurs when a bequest in the will cannot be made because the decedent no longer possessed the item at his or her death. It is possible for ademption to be partial when, for example, a will gives a beneficiary “my collection of 100 baseball cards,” but before the decedent’s death, he or she sold 20 of them so the collection only consists of 80 cards.

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