3.1 Interpretation of Wills
- Created by: cucumbermintlemonade
- Created on: 23-03-23 11:00
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- 3.1 Interpretation of Wills
- On what date does a gift in a will take effect?
- State & define the 2 types of gifts
- What is a specific legacy?
- Specific legacy gifts are subject to 'ademption' what is meant by this?
- What is a general legacy?
- What is a pecuniary legacy?
- State the 3 types of pecuniary legacies & give examples
- What is a demonstrative legacy?
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