abatement of bequest

The process of determining the distribution of the assets left by a testator at his death among the various beneficiaries named in the will, where it appears that such assets are insufficient to pay both the debts of the testator and the expenses of administrating his estate and also all of the legacies and devices called for by the will. 57 Am J1st Wills § 1457.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • abatement — abate·ment /ə bāt mənt/ n 1: the act or process of abating or the state of being abated challenged the abatement of her bequest abatement of a private nuisance by self help W. L. Prosser and W. P. Keeton 2: an amount abated …   Law dictionary

  • abate — /ə bāt/ vb abat·ed, abat·ing [Old French abattre, literally, to knock down, from a , prefix stressing result + battre to beat] vt 1 a: to put an end to or do away with abate a nuisance b: make void: null …   Law dictionary

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