heir


Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Acronyms, Idioms, Wikipedia.
Related to heir: devisee

heir,

person designated by law to succeed to the ownership of propertyproperty,
rights to the enjoyment of things of economic value, whether the enjoyment is exclusive or shared, present or prospective. The rightful possession of such rights is called ownership.
..... Click the link for more information.
 of another if that owner does not make a contrary disposition of it by willwill,
in law, document expressing the wishes of a person (known as a testator) concerning the disposition of her property after her death. If a person dies intestate, i.e.
..... Click the link for more information.
. A person who takes property left to him by will is not an heir but a legatee. The property that the heir receives is his inheritance. Originally the common law confined the term heir to an inheritor of real estate; the persons to whom the personal property of the deceased went were called the next of kin. The group of heirs of a person may differ from the group that the law recognizes as his next of kin, but the law that dictates the constitution of both is now largely statutory, and in many states of the United States the statutes have abolished all distinction. When titletitle,
in law, the means by which the owner has just and legal possession of his or her property. It is distinct from the document (e.g., a deed) that is evidence of the title.
..... Click the link for more information.
 to property is in a living person and his heirs, the meaning is merely that the person has absolute ownership of the property and can do with it what he wishes. No person may be the heir of a living person; the relationship arises only at the death of another. If the other person is still living, the person who may become an heir is called an heir apparent or heir presumptive. An heir presumptive is in the same position as an heir apparent except that his claim may be superseded, as by the birth of one more closely related to the owner. These terms are much used with regard to dynastic succession; an heir apparent is in such connection the undisputed heir to the throne if he survives the incumbent; an heir presumptive is one who will inherit the throne if nothing intervenes—especially the birth of a child to the incumbent.

heir

Civil law the person legally succeeding to all property of a deceased person, irrespective of whether such person died testate or intestate, and upon whom devolves as well as the rights the duties and liabilities attached to the estate
References in periodicals archive ?
Similarly, the General Organization for Social Insurance, which guarantees a salary for private sector employees after they die, will distribute that salary among the heirs, all of it if there are three or more, 75 percent if there are two, and 50 percent to a sole heir.
A: The compulsory heir is entitled to have the donation set aside in so far as inofficious: i.e., in excess of the portion of free disposal (Civil Code of 1889, Articles 636, 645), computed as provided in Articles 818 and 819, and bearing in mind that collationable gifts' under Article 818 should include gifts made not only in favor of the forced heirs, but even those made in favor of strangers in computing the legitimes, the value of the property donated should be considered part of the donor's estate.
Dep't of Agriculture, Office of the Assistant Secretary for Civil Rights: What You Need to Know about Heir Property, https://www.fsa.usda.gov/Internet/ FSA_File/whatyouneedtoknowheirproperty.pdf.
This is especially true for those whose loved ones left property, whether real or personal, and whose title and ownership the deceased was not able to transfer to his heirs, and the corresponding taxes (whether for sale or donation to the heirs) paid to government before his or her death.
However, article 1049 Civil Code provides that when it comes to money, valuables or securities, specialized institutions will not be able to proceed to the delivery of the legacy covering the above, except by judgment or heir certificate which prove the validity of the testamentary disposition and the quality of legatee, the provisions relating to report and reduction being applicable.
According to Jefferson National's latest "Advisor Authority," a comprehensive study of 1,400 RIAs, fee-based advisors, and individual investors conducted by Harris Poll, attracting and retaining heirs is a top practice management concern and one of the most important drivers in advisors' pursuit of greater profitability.
THE Department of Lands and Surveys must avoid the registration of immovable property from the name of a deceased to a person claiming ownership of same, except if a duly notarised written consent of the heirs is filed with the department.
Another surprise beneficiary is Donna Sharpe, also from North-field, who didn't know of Valerie's existence until the Heir Hunters team knocked on her door.
Utility obtained from each donation or heir distribution, is a subjective notion.
There is no developed country in which agricultural plots are divided and distributed among heirs. The abolishment of this practice by way of amendments to laws No.
The previous oldest heir to the throne was Sophia of Hanover who died aged 83 in 1714, a few months before Queen Anne died.
The family's success has earned them a regular spot in all seven series of the BBC show Heir Hunters.