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
legatee | Wex | US Law | LII Legal Information Institute The literal meaning of a legatee is one who receives a legacy Specifically, in the law of wills and property , a legatee is an individual who receives a portion of a testator ’s estate , or rather the individual receives a legacy, which is personal property from a will
Legatee - Definition, Examples, Cases, Processes - Legal Dictionary A legatee is any person or entity who receives a gift – whether money, an object, or other benefit – under the terms of a person’s will There is, technically, a difference between gifts of real property and gifts of personal property
Legatee: What It Is, How It Works - NerdWallet A legatee is an individual or an organization that receives a legacy from an estate A legacy can be any personal property and includes objects such as jewelry, furniture or cars, and financial
Difference Between Heir Legatee - Legal Beagle An heir inherits the estate of a person who died by relationship, descent, will or legal process wheras a legatee is any entity or person who received an inheritance from a will A person's blood relatives are usually his heirs, as well as his surviving spouse and adopted children
Legatee legal definition of legatee - TheFreeDictionary. com Legal . . . Legatee A person who receives Personal Property through a will The term legatee is often used to denote those who inherit under a will without any distinction between real property and personal property, but technically, a devisee inherits real property under a will
Legatee - Wikipedia A legatee, in the law of wills, is any individual or organization bequeathed any portion of a testator's estate