Learn about the four doctrines that guide property disposition: ademption by extinction, ademption by satisfaction, abatement, and exoneration of liens, as well as when the testator's intent controls property disposition.
The amount of property owned by a testator may change after the execution of his or her will. If the testator has not accounted for the change and does not republish the will by codicil, then the probate court must determine how to dispose of the testator’s property after his or her death. Today, you’ll be learning about the various doctrines that guide property disposition.
In our discussion, we’ll be covering four doctrines that guide property disposition: ademption by extinction, ademption...