Section 524.2-601 — Scope.
524.2-601 SCOPE. In the absence of a finding of a contrary intention, the rules of construction in this part control the construction of a will. History: 1994 c 472 s 48
Section 524.2-602 — Will May Pass All Property And After-acquired Property.
524.2-602 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. History: 1975 c 347 s 22; 1986 c 444; 1994 c 472 s 49
Section 524.2-603 — Antilapse; Deceased Devisee; Class Gifts; Words Of Survivorship.
524.2-603 MS 2000 [Repealed, 2001 c 15 s 14] 524.2-603 ANTILAPSE; DECEASED DEVISEE; CLASS GIFTS; WORDS OF SURVIVORSHIP. Subdivision 1. Deceased devisee. If a devisee who is a grandparent or a lineal descendant of a grandparent of the testator is dead at the time of execution of the will, fails to survive the testator, or […]
Section 524.2-604 — Failure Of Testamentary Provision.
524.2-604 FAILURE OF TESTAMENTARY PROVISION. (a) Except as provided in section 524.2-603, a devise, other than a residuary devise, that fails for any reason becomes a part of the residue. (b) Except as provided in section 524.2-603, if the residue is devised to two or more persons, the share of a residuary devisee that fails […]
Section 524.2-605 — Increase In Securities; Accessions.
524.2-605 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 […]
Section 524.2-606 — Nonademption Of Specific Devises; Unpaid Proceeds Of Sale, Condemnation, Or Insurance; Sale By Conservator Or Guardian.
524.2-606 NONADEMPTION OF SPECIFIC DEVISES; UNPAID PROCEEDS OF SALE, CONDEMNATION, OR INSURANCE; SALE BY CONSERVATOR OR GUARDIAN. (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 […]
Section 524.2-607 — Nonexoneration.
524.2-607 NONEXONERATION. A specific devise passes subject to any mortgage or security interest existing at the date of death, without right of exoneration, regardless of a general directive in the will to pay debts. History: 1975 c 347 s 22; 1994 c 472 s 54
Section 524.2-608 — Exercise Of Power Of Appointment.
524.2-608 EXERCISE OF POWER OF APPOINTMENT. A general residuary clause in a will, or a will making general disposition of all of the testator’s property, does not exercise a power of appointment held by the testator unless the testator’s will manifests an intention to include property subject to the power. History: 1975 c 347 s […]
Section 524.2-609 — Ademption By Satisfaction.
524.2-609 ADEMPTION BY SATISFACTION. (a) Property a testator, while living, gave to a person is treated as a satisfaction of a devise in whole or in part, only if (i) the will provides for deduction of the gift, (ii) the testator declared in a contemporaneous writing that the gift is in satisfaction of the devise […]