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When a Testator Provides for a Bequest of His Gold

Question 46

Multiple Choice

When a testator provides for a bequest of his gold watch to his nephew, but the gold watch is not owned by the testator at the time of death: __________.


A) the nephew is entitled to an equivalent amount of cash.
B) the executor must purchase a similar gold watch for the nephew if funds are available.
C) the bequest to the nephew fails by ademption.
D) all legacies in the estate abate to provide funds to purchase a gold watch for the nephew.

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