An irrevocable gift to an heir during an intestate’s life, given with the intention that it shall diminish or extinguish the heir’s share of the intestate’s estate under the laws of intestate succession. See also satisfaction, ademption, and lapse.
An irrevocable gift to an heir during an intestate’s life, given with the intention that it shall diminish or extinguish the heir’s share of the intestate’s estate under the laws of intestate succession. See also satisfaction, ademption, and lapse.