Legatee
Term · Law · MLC-T-LAW-002989
An individual or entity designated in a will to receive a specific gift of personal property. This gift, known as a legacy or bequest, can be a sum of money, an item, or a collection of assets. The legatee's right to the property vests upon the testator's death.
| Identifier | MLC-T-LAW-002989 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002989",
"term": "Legatee",
"field": "Law",
"definition": "An individual or entity designated in a will to receive a specific gift of personal property. This gift, known as a legacy or bequest, can be a sum of money, an item, or a collection of assets. The legatee's right to the property vests upon the testator's death.",
"url": "https://mlchart.com/terminology/law/legatee/"
}
Record 2,938 of 5,441 in Law terminology (MLC-0107). Request the full dataset.