Abatement (of legacies)
Legacies ( www.practicallaw.com/0-382-5697) in a will may be reduced (abate) if the estate ( www.practicallaw.com/2-382-5620) of the deceased testator ( www.practicallaw.com/8-382-5976) is solvent but there are insufficient assets to satisfy all the legacies after paying the liabilities of the estate. For information about how legacies abate, see Ask the team: What happens when there are insufficient funds in the estate to pay all the legacies in the will? ( www.practicallaw.com/3-502-3113) .
Abatement should not be confused with ademption ( www.practicallaw.com/5-504-8184) .