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What is a Legatee?

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What is a Legatee?

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A legatee, also called a beneficiary, is a person who will receive something from a will, when the will is executed, usually by the executor responsible for carrying out the wishes of the testator (person who made the will). Companies or corporations can be considered legatees too. There used to be a significant difference made between beneficiaries who inherited personal property, and those who inherited land. Sometimes an individual who receives land from a will is called a devisee, though this distinction may not be made. Legatee is from the Latin word legare which can mean to bequeath or simply, legacy. Another definition of legatee is “someone who receives a legacy.” Legacy is normally defined as those things left after a person dies, which may include personal property and land. One thing that the legatee generally must understand, is that even if he or she will inherit something, he or she is not yet entitled to what will be inherited. If you inherit a house in a will, you can’t

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