In case of abatement, if a will provides for both general and residuary gifts, the residuary gifts are abated first.

Question

Quizplus · Accepted Answer

According to the principle of abatement, if the assets of the estate are not enough to satisfy all the gifts provided in a will, the gifts are reduced or abated in a particular order. Generally, the residuary gifts are abated first, followed by general gifts, and then specific gifts. Therefore, the statement is true.

In Case of Abatement, If a Will Provides for Both