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ademption मीनिंग इन हिंदी
ademption उदाहरण वाक्य
उदाहरण वाक्य
- Ademption may be waived if the property leaves the estate after the testator has been declared incompetent.
- If, however, the alienation is not voluntary if, that is, the testator parts with the thing or its possession out of necessity ademption does not take place.
- In Wisconsin, state law ( 854.08 ) attempts to abolish the common law doctrine of ademption by extinction, by, for example, awarding beneficiaries the balance of the purchase price of the item sold ( subject to some limitations ).
- As for the sale of land under an executory contract, traditional case law agrees that ademption occurs upon the death of the testator and that the proceeds of sale, when the closing occurs, should not pass to the specific devisee of the property.
- In Virginia, ademption occurs with respect to most forms of property, but if the property at issue is stock certificates, then the buyout of the issuer of the stock by another company, and the swapping of the stocks for a new issue by that company, will not adeem the gift of stock.