Statute · California Probate Code

Cal. Prob. Code § 21403 — ABATEMENT

Cal. Prob. Code § 21403

Type
Statute
Source
California Probate Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Subject to subdivision (b), shares of beneficiaries abate pro rata within each class specified in Section 21402.

Citator

Cal. Prob. Code § 21403 — ABATEMENT is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Subject to subdivision (b), shares of beneficiaries abate pro rata within each class specified in Section 21402.

(b) Gifts of annuities and demonstrative gifts are treated as specific gifts to the extent they are satisfied out of the fund or property specified in the gift and as general gifts to the extent they are satisfied out of property other than the fund or property specified in the gift.