legatee$43949$ - Definition. Was ist legatee$43949$
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Was (wer) ist legatee$43949$ - definition

Residuary clause; Residuary; Residuary bequest; Residuary legatee; Residual estate; Residue (law); Residuary gift

legatee         
PERSONS WHO RECEIVE PORTIONS OF AN ESTATE
Legatees
n. a person or organization receiving a gift of an object or money under the terms of the will of a person who has died. Although technically a legatee does not receive real property (a devisee), "legatee" is often used to designate a person who takes anything pursuant (according) to the terms of a will. The best generic term is beneficiary, which avoids the old-fashioned distinctions between legatees taking legacies (personal property) and devisees taking devises (real property), terms which date from the Middle Ages. See also: beneficiary devise devisee legacy will
Legatee         
PERSONS WHO RECEIVE PORTIONS OF AN ESTATE
Legatees
A legatee, in the law of wills, is any individual or organization bequeathed any portion of a testator's estate.
Legatee         
PERSONS WHO RECEIVE PORTIONS OF AN ESTATE
Legatees
·noun One to whom a legacy is bequeathed.

Wikipedia

Residuary estate

A residuary estate, in the law of wills, is any portion of the testator's estate that is not specifically devised to someone in the will, or any property that is part of such a specific devise that fails. It is also known as a residual estate or simply residue.

The will may identify the taker of the residuary estate through a residuary clause or residuary bequest. The person identified in such a clause is called the residuary taker, residuary beneficiary, or residuary legatee. Such a clause may state that, in the event all other heirs predecease the testator, the estate would pass to a charity (that would, presumably, have remained in existence).

If no such clause is present, however, the residuary estate will pass to the testator's heirs by intestacy.

At common law, if the residuary estate was divided between two or more beneficiaries, and one of those beneficiaries was unable to take, the share that would have gone to that beneficiary would instead pass by intestacy, under the doctrine that there was no residuary of a residuary. The modern rule, however, is that the failure of a residuary gift to one beneficiary causes that beneficiary's share to be divided among the remaining residuary takers.