Acts and Regulations

D-9 - Devolution of Estates Act

Full text
Devolution of real and personal property
3(1)All real and personal property that is vested in any person, without a right in another person to take by survivorship, shall on his death, notwithstanding any testamentary disposition, devolve upon and become vested in his personal representative from time to time as trustee for the persons entitled thereto, and subject to the payment of his debts and so far as such property is not disposed of by deed, will, contract or other effectual disposition, shall be administered, dealt with and distributed as if it were personal property not so disposed of.
3(2)This section applies to property over which a person executes by will a general power of appointment, as if it were property vested in him.
R.S., c.62, s.3
Devolution of real and personal property
3(1)All real and personal property that is vested in any person, without a right in another person to take by survivorship, shall on his death, notwithstanding any testamentary disposition, devolve upon and become vested in his personal representative from time to time as trustee for the persons entitled thereto, and subject to the payment of his debts and so far as such property is not disposed of by deed, will, contract or other effectual disposition, shall be administered, dealt with and distributed as if it were personal property not so disposed of.
3(2)This section applies to property over which a person executes by will a general power of appointment, as if it were property vested in him.
R.S., c.62, s.3