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Terms Used In Kansas Statutes 59-1204

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bequest: Property gifted by will.
  • Decedent: A deceased person.
  • Testator: A male person who leaves a will at death.

The discharge or bequest, in a will, of any debt or demand of a testator against any person shall not be valid as against the creditors of decedent, but shall be construed only as a specific bequest of such debt or demand; and the amount thereof shall be included in the inventory of the assets of the decedent, and shall, if necessary, be applied to the payment of the decedent’s debts, and other items, and if not necessary for that purpose, shall be paid in the same manner and proportion as other specific legacies.