When a Gift Is Given by a Testator While Alive

question 14

Multiple Choice

When a gift is given by a testator while alive to a legatee or devisee with the intent that the gift is made in lieu of the legacy or devise, it is

• A) a lapsed legacy or devise.
• B) adeemed by extinction.
• C) adeemed by satisfaction.
• D) exempt property.

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Definitions:

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