Keeping Current - Probate
Prof. Gerry Beyer
PROBATE& PROPERTY MARCH/APRIL 2005 39 Keeping Current—Probate offers a look at selected recent cases, rulings and regulations, literature, and legislatiion The editors of Probate & Property welcome suggestions and contributions from readers. ADEMPTION: Action of the trustee does not cause ademption. The decedennt’ will left his shares in a closely held business and any debt owed him by the business to a testamentary trust for the benefit of his widow. The debt was repaid, the proceeds added to...