Jacob's will stated that $100,000 each would be given to his wife, Melisa, and two children, Tim and Ben. But upon his death, it was found that his estate was worth only $240,750. Hence, the bequests to his wife and two children are said to have _____, and each would only get $80,250.

Question

Quizplus · Accepted Answer

The term used to describe a reduction or decrease in a bequest because of insufficient assets in the estate is known as abatement. Therefore, the correct choice is B, abated. Choices A, C, D, and E do not accurately describe a reduction in a bequest due to insufficient assets in the estate.

Jacob's Will Stated That $100,000 Each Would Be Given to His