Legatee, Heir, Beneficiary, and Devisee: What Are the Differences? A legatee inherits personal property (jewelry, vehicles, cash, etc ) while a devisee inherits real property, such as the family home Under current laws, though, the main difference between a legatee and a devisee is simply the governing state law
What Is a Devisee in Probate and What Is Their Role? A devisee is an individual or entity specifically named in a will to receive real property This term traditionally refers to the inheritance of land, buildings, or any interest permanently attached to the land
What Is A Devisee In Probate? Key Differences, Rights Process A devisee is an individual or entity designated in a last will and testament to inherit real property, such as land, residential homes, or commercial buildings, from a deceased person’s estate In estate planning and probate law, the term “devisee” carries specific legal significance
What Is a Devisee? – Policygenius Dictionaries have traditionally defined a devisee as someone who specifically receives real property through someone’s last will and testament Real property just means land and real estate If the testator (will writer) leaves their house to their daughter, then she would be a devisee
Devisee - Legal Glossary Definition 101 A devisee is a person or entity that receives real or personal property under a will The transfer to a devisee takes effect after the testator’s death and probate approval
Understanding Devisees: Key Concepts In Property Law Inheritance . . . In property law, a devisee is an individual who receives real property, such as land or buildings, through a will The term is specifically used to distinguish the recipient of real estate from a legatee, who receives personal property
What Is a Devisee? - SmartAsset What Is a Devisee? Typically, a devisee is an individual who receives real estate property from another person through the latter’s last will and testament Their inheritance is strictly land and real estate, not personal property These days, a devisee does not need to be related to the decedent