Business, Legal & Accounting Glossary
One who receives a gift of real property through a will. Also known as a distributee.
a person to whom something, especially real estate, is left by the terms of a will.
n. a person who receives a gift of real property by a will. The distinction between gifts of real property and personal property is actually blurred, so terms like beneficiary or legatee cover those receiving any gift by a will.
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This glossary post was last updated: 27th April, 2020 | 0 Views.