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KembaraXtra – Legal Terms – Legatee
A legatee is a person who receives a gift (known as a legacy) under a will. The nature of what the legatee receives depends on the type of legacy specified, such as a specific item, a sum of money, or part of the residual estate.
The rights of a legatee arise only upon the death of the testator and are subject to the administration of the estate, including the payment of debts and other prior claims. Legatees therefore receive their entitlement after the estate has been properly settled by the personal representatives.
A legatee is a person who receives a gift (known as a legacy) under a will. The nature of what the legatee receives depends on the type of legacy specified, such as a specific item, a sum of money, or part of the residual estate.
The rights of a legatee arise only upon the death of the testator and are subject to the administration of the estate, including the payment of debts and other prior claims. Legatees therefore receive their entitlement after the estate has been properly settled by the personal representatives.
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