When there are not enough assets to pay the legacies and devises in a will, the first that are paid are

Question

Quizplus · Accepted Answer

Specific legacies and devises are paid first as they are identifiable assets that were specifically designated in the will for a particular beneficiary. Pecuniary legacies are paid next and then any remaining assets are used to pay general legacies and devises. If there are still not enough assets to pay all the legacies and devises, then they are abated proportionately.

When There Are Not Enough Assets to Pay the Legacies