560:2-601 Scope.

§560:2-601 Scope. In the absence of a finding of a contrary intention, the rules of construction in this part control the construction of a will. [L 1996, c 288, pt of §1]

560:2-602 Will may pass all property and after-acquired property.

§560:2-602 Will may pass all property and after-acquired property. 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. [L 1996, c 288, pt of §1]

560:2-603 Antilapse; deceased devisee; class gifts.

§560:2-603 Antilapse; deceased devisee; class gifts. (a) Definitions. In this section: “Alternative devise” means a devise that is expressly created by the will and, under the terms of the will, can take effect instead of another devise on the happening of one or more events, including survival of the testator or failure to survive the […]

560:2-604 Failure of testamentary provision.

§560:2-604 Failure of testamentary provision. (a) Except as provided in section 560:2-603, a devise, other than a residuary devise, that fails for any reason becomes a part of the residue. (b) Except as provided in section 560:2-603, if the residue is devised to two or more persons, the share of a residuary devisee that fails […]

560:2-605 Increase in securities; accessions.

§560:2-605 Increase in securities; accessions. (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 the will was executed […]

560:2-606 Nonademption of specific devises; unpaid proceeds of sale, condemnation, or insurance; sale by conservator or agent.

§560:2-606 Nonademption of 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: (1) Any balance of the purchase price, together with any security agreement, owing from a purchaser to the testator […]

560:2-607 Nonexoneration.

§560:2-607 Nonexoneration. A specific devise passes subject to any mortgage interest existing at the date of death, without right of exoneration, regardless of a general directive in the will to pay debts. [L 1996, c 288, pt of §1]

560:2-608 Exercise of power of appointment.

§560:2-608 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 the 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 […]

560:2-609 Ademption by satisfaction.

§560:2-609 Ademption by satisfaction. (a) Property a testator gave in the testator’s lifetime to a person is treated as a satisfaction of a devise in whole or in part, only if: (1) The will provides for deduction of the gift; (2) The testator declared in a contemporaneous writing that the gift is in satisfaction of […]