N.Y. Estates, Powers & Trusts Law § 3-4.5: Insurance proceeds from specific disposition not subject to

§ 3-4.5 Insurance proceeds from specific disposition not subject to

ademption

Where insurance proceeds from property which was the subject of a

specific disposition are paid after the testator's death, such proceeds,

to the extent received by the personal representative, are payable by

him to the beneficiary of such disposition; and such proceeds retain the

character of a specific disposition for all other purposes, including

12-1.2 and 13-1.3.