Common law doctrine of wills that holds that when the equitable assets of a deceased person are not sufficient to satisfy all the creditors fully, their debts must abate proportionately, and they must accept a dividend.
« Back to Glossary IndexComprehensive support for your existing or future planned giving program.
Common law doctrine of wills that holds that when the equitable assets of a deceased person are not sufficient to satisfy all the creditors fully, their debts must abate proportionately, and they must accept a dividend.
« Back to Glossary Index