Chapter 34 - § 34.24 • CHANGES IN SUBJECT MATTER OF SPECIFIC DEVISES

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§ 34.24 • CHANGES IN SUBJECT MATTER OF SPECIFIC DEVISES

Have there been changes in or dispositions of property subject to specific devises in such a way as to raise the question whether ademption has taken place or whether the devisee takes the property in its modified form?92 This question occurs frequently in connection with stock dividends, stock splits, consolidations, mergers, and reorganizations affecting corporations (see § 30.6).


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Notes:

[92] See Collar...

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