Legal succession
Term · Law · MLC-T-LAW-002983
The process by which rights, obligations, and property are transferred from a deceased person to their heirs or beneficiaries according to law. This occurs either through a will, known as testate succession, or by statutes of intestacy when no valid will exists. The specific rules vary significantly by jurisdiction.
| Identifier | MLC-T-LAW-002983 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002983",
"term": "Legal succession",
"field": "Law",
"definition": "The process by which rights, obligations, and property are transferred from a deceased person to their heirs or beneficiaries according to law. This occurs either through a will, known as testate succession, or by statutes of intestacy when no valid will exists. The specific rules vary significantly by jurisdiction.",
"url": "https://mlchart.com/terminology/law/legal-succession/"
}
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