§ 14-2601 – Scope of article
14-2601. Scope of article In the absence of a finding of a contrary intention, the rules of construction in this article control the construction of a will.
§ 14-2602 – Passage of existing and after-acquired property by will
14-2602. Passage of existing and after-acquired property by will A will may provide for the passage of all property the testator owns at death and all property acquired by the estate after the testator’s death.
§ 14-2603 – Substitute gifts; class gifts; definitions
14-2603. Substitute gifts; class gifts; definitions A. If a devisee fails to survive the testator and is a grandparent, a descendant of a grandparent or a stepchild of either the testator or the donor of a power of appointment exercised by the testator’s will, the following apply: 1. Except as provided in paragraph 3 of […]
§ 14-2604 – Failure of testamentary provision; effect
14-2604. Failure of testamentary provision; effect A. Except as provided in section 14-2603, a devise, other than a residuary devise, that fails for any reason becomes a part of the residue. B. Except as provided in section 14-2603, if the residue is devised to two or more persons, the share of a residuary devisee that […]
§ 14-2605 – Securities increase in value after death; effect; exception
14-2605. Securities increase in value after death; effect; exception A. If a testator executes a will that devises securities and the testator then owned securities that meet the description in the will, the devise includes additional securities owned by the testator at death to the extent the additional securities were acquired by the testator after […]
§ 14-2606 – Right to specific devises; unpaid proceeds of sale, condemnation or insurance; sale by conservator or agent
14-2606. Right to specific devises; unpaid proceeds of sale, condemnation or insurance; sale by conservator or agent A. A specific devisee has a right to the specifically devised property in the testator’s estate at death and to the following: 1. Any balance of the purchase price, together with any security agreement, owing from a purchaser […]
§ 14-2607 – Specific devise; nonexoneration
14-2607. Specific devise; nonexoneration Subject to any mortgage interest existing at the date of death, a specific devise passes without right of exoneration, regardless of a general directive in the will to pay debts.
§ 14-2608 – Exercise of power of appointment
14-2608. Exercise of power of appointment In the absence of a requirement that a power of appointment be exercised by a reference or by an express or specific reference to that power, a general residuary clause in a will or a will making general disposition of all of the testator’s property expresses an intention to […]
§ 14-2609 – Satisfaction of a devise during the testator’s life; requirements; valuation
14-2609. Satisfaction of a devise during the testator’s life; requirements; valuation A. Property a testator gave to a person while the testator was alive is treated as a satisfaction of a devise in whole or in part if any of the following requirements are met: 1. The will provides for deduction of the gift. 2. […]