2 See an article, " The Connecticut Intestacy Law," by Charles M.
They include the National Bank (capital and reserves in 1910, £1,560,000), founded in 1880; the Agricultural Loan Bank, founded in 1894; the Rural and Urban Land Credit Institutes, which lend money on agricultural and building land respectively; the Cassa Rurala, which buys estates for resale in small lots; savings banks in all the principal towns; and the Deposit and Trust Fund, which takes charge of estates left vacant through intestacy, surplus departmental and communal funds, securities given by contractors for public works, &c.
ADVANCEMENT, a term technically used in English law for a sum of money or other benefit, given by a father during his lifetime to his child, which must be brought into account by the child on a distribution of the father's estate upon an intestacy on pain of his being excluded from participating in such distribution.
The conditions under which cases of advancement arise are as follows: There must be a complete intestacy; the intestate estate must be that of the father; and the advancement must have been made in the lifetime of the father.
The rules of distribution in intestacy differ, however, very considerably from those established in England.