Chicago Traffic Lawyer, Illinois
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Metovic180 N La Salle St Ste 1916
Chicago, IL 60601
Dean Caras320 W Illinois St Apt 2216
Chicago, IL 60654
Kralovec19 S La Salle St
Chicago, IL 60603
Legal Term Highlighted
lapse: Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.
