In Re Estate of Tom Cone, Jr.

A decedent bequeathed his ownership interest in a corporation to his sister.  During the decedent’s lifetime, the corporate assets were sold, and the corporation terminated.  The decedent’s widow petitioned the probate court to construe the will.  Among other things, she argued that the decedent’s gift to his sister had been adeemed by extinction.  The probate court granted the widow summary judgment on this issue.  Based on the undisputed facts, we conclude that the gift was adeemed by extinction.  So we affirm.