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Anti Lapse Statute - Law Dictionary Search Results

Home Dictionary Name: anti lapse statute

anti-lapse statute

anti-lapse statute : a statute providing that in the event a person who would have received a gift under a will dies before the person who made the will dies then the gift is distributed to the heirs of the person who would have received the gift compare lapse ...

lapse

lapse : a termination or failure due to events, neglect, or time: as a : the failure of a bequest (as because the intended recipient dies before the testator) compare anti-lapse statute b : the termination of an insurance policy because of nonpayment of premiums or nonrenewal vb lapsed laps·ing vi : to terminate, become ineffective, or fail [the bequest lapsed when the son died before the father] [allowed the insurance policy to ] vt : to cause (as a policy) to lapse [the company lapsed the policy] ...

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