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Legal Dictionary
ABATEMENT OF LEGACIES
Legal Term:
ABATEMENT OF LEGACIES
Definition:
is the reduction of legacies for the purpose of paying the testator"s debts.
2. When the estate is short of paying the debts and legacies, and there are general legacies and specific legacies, the rule is that the general legatees must abate proportionably in order to pay the debts, a specific legacy is not abated unless the general legacies cannot pay all the debts, in that case what remains to be paid must be paid by the specific legatees, who must, where there are several, abate their legacies, proportionably. 2 Bl. Com. 513, 2 Vessen. 561 to 564, 1 P. Wms. 680, 2 P. Wms. 283. See 2 Bro. C. C. 19, Bac. Abr. Legacies, H, Rop. on Leg. 253, 284.
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***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary
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