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Estate Planning

: Wills, Trusts & Estates Prof Blog

Lapsed gift distributed as if it were property of deceased legatee

By Trusts EstatesProf

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The California anti-lapse statute provides that if a covered ?transferee? dies before the testator, the transferee?s issue take the subject of the gift ?in the manner provided in Section 240? which defines ?representation? as modern per stirpes with the division...

Full post as published by Wills, Trusts & Estates Prof Blog on February 18, 2009 (boomark / email).

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