California Probate Code CHAPTER 3 - Exoneration; Ademption

• Section 21131.
  A specific gift passes the property transferred subject to any mortgage, deed of trust, or other lien existing at the date of death, without right...
• Section 21132.
  (a) If a transferor executes an instrument that makes an at-death transfer of securities and the transferor then owned securities that meet the description in the...
• Section 21133.
  A recipient of an at-death transfer of a specific gift has a right to the property specifically given, to the extent the property is owned...
• Section 21134.
  (a) Except as otherwise provided in this section, if, after the execution of the instrument of gift, specifically given property is sold, or encumbered by a...
• Section 21135.
  (a) Property given by a transferor during his or her lifetime to a person is treated as a satisfaction of an at-death transfer to that person...
• Section 21139.
  The rules stated in Sections 21133 to 21135, inclusive, are not exhaustive, and nothing in those sections is intended to increase the incidence of ademption...

Last modified: October 22, 2018