Failed Testamentary Gift
Any gift made by a will that cannot be delivered to the intended beneficiary.
This typically occurs when a beneficiary does not survive the testator, but may also occur for reasons such as the beneficiary's disclaimer, divorce from the testator, or classification as a slayer.
See: Anti-Lapse, Lapse, Adeem
Any gift made by a will that cannot be delivered to the intended beneficiary.
This typically occurs when a beneficiary does not survive the testator, but may also occur for reasons such as the beneficiary's disclaimer, divorce from the testator, or classification as a slayer.
See: Anti-Lapse, Lapse, Adeem