§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. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] SECTION HISTORY PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. […]
§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. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] SECTION HISTORY PL […]
§2-603. Antilapse; deceased devisee; class gifts 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Alternative devise” means a devise that is expressly created by a will and, under the terms of the will, can take effect instead of another devise on the […]
§2-604. Failure of testamentary provision 1. Failed devise becomes part of residue. Except as provided in section 2-603, a devise, other than a residuary devise, that fails for any reason becomes a part of the residue. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 2. Failed […]
§2-605. Increase in securities; accessions 1. Additional securities. 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 […]
§2-606. Nonademption of specific devises; unpaid proceeds of sale, condemnation or insurance; sale by conservator or agent 1. Specifically devised property. A specific devisee has a right to specifically devised property in the testator’s estate at the testator’s death and to: A. Any balance of the purchase price, together with any security agreement, owed […]
§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. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] SECTION HISTORY PL 2017, c. 402, […]
§2-608. Exercise power of appointment In the absence of a requirement that a power of appointment be exercised by a reference to the power 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 […]
§2-609. Ademption by satisfaction 1. Property given during testator’s lifetime. 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: A. The will provides for deduction of the gift; [PL 2017, c. 402, Pt. A, §2 (NEW); […]
