Might mean (unverified): Prevents gift failure if beneficiary dies.
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We found one dictionary that defines the word anti-lapse:

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  1. anti-lapse: Wiktionary

Definitions from Wiktionary (anti-lapse)

adjective:  (law) Of or relating to a statute that abrogates the common-law rule that if the person to whom property is willed were to die before the testator, then the gift would be ineffective.

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