abatement of legacies

see ABATEMENT.

ABATEMENT OF LEGACIES, is the reduction of legacies for the purpose ofpaying the testator's debts.
2. When the estate is short of paying the debts and legacies, and thereare general legacies and specific legacies, the rule is that the generallegatees must abate proportionably in order to pay the debts; a specificlegacy is not abated unless the general legacies cannot pay all the debts;in that case what remains to be paid must be paid by the specific legatees,who must, where there are several, abate their legacies, proportionably. 2Bl. Com. 513; 2 Vessen. 561 to 564; 1 P. Wms. 680; 2 P. Wms. 283. See 2 Bro.C. C. 19; Bac. Abr. Legacies, H; Rop. on Leg. 253, 284.

单词	abatement of legacies
释义	abatement of legacies abatement of legacies see ABATEMENT. ABATEMENT OF LEGACIES, is the reduction of legacies for the purpose ofpaying the testator's debts. 2. When the estate is short of paying the debts and legacies, and thereare general legacies and specific legacies, the rule is that the generallegatees must abate proportionably in order to pay the debts; a specificlegacy is not abated unless the general legacies cannot pay all the debts;in that case what remains to be paid must be paid by the specific legatees,who must, where there are several, abate their legacies, proportionably. 2Bl. Com. 513; 2 Vessen. 561 to 564; 1 P. Wms. 680; 2 P. Wms. 283. See 2 Bro.C. C. 19; Bac. Abr. Legacies, H; Rop. on Leg. 253, 284.
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