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词汇 abatement
释义 `1`abatement `2`
"Nolo Everybody's Legal Dictionary":

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

See Topic: Wills & Estate Planning
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更新时间:2024/12/22 21:18:36