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Are you saying the person died before the owner of the property died or after?
Then that gift fails. It falls into the residuary or the estate and doesn't pass to the person's estate.
Does that clarify the law?
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It doesn't matter what the property owner knew.
The gift will fail regardless and the property will fall into the residuary of the estate and will pass to the residuary beneficiaries.
That is correct because that inheritance doesn't go to the deceased's estate because he died first.