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It depends on the language of the Will. Depending on the language, it could pass to the deceased beneficiary's estate or it may lapse.

In a properly drafted will there is a clause called the residuary clause that provides for any property not specifically devised, any property that comes into the estate after the death of the testator (wrongful death proceeds, etc.) and for any property from a devise that has lapsed for any reason. The residuary clause dictates who will receive that property. If there is no residuary clause the testator's "left over" property passes according to state law as intestate property.

If the gift was made to Elizabeth, per stirpes, the gift would pass to Elizabeth's issue (children born of her body or adopted) if she predeceased the testator.

If the gift was made simply to Elizabeth and she predeceased the testator, the gift would lapse and pass to the residuary estate.

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Q: What happens if a person named in a will has died?
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