Definitions
- Referring to a person who is designated to receive property or assets through a will or trust. - Talking about a beneficiary of a testamentary disposition. - Describing someone who inherits property or assets through a legal instrument.
- Referring to a person who inherits property or assets from a deceased person through intestacy laws. - Talking about a beneficiary of an estate who receives property or assets through legal succession. - Describing someone who is entitled to receive property or assets from a deceased person.
List of Similarities
- 1Both devisee and heir refer to individuals who receive property or assets from a deceased person.
- 2Both terms are used in legal contexts.
- 3Both involve inheritance of property or assets.
What is the difference?
- 1Legal status: Devisee is specifically used to refer to a beneficiary of a will or trust. Heir can refer to a beneficiary of an estate through intestacy laws or legal succession.
- 2Scope: Devisee is limited to property or assets that are transferred through a will or trust. Heir can refer to any type of property or asset that is inherited through legal succession.
- 3Hierarchy: Heir implies a closer familial relationship to the deceased person than devisee, who may not have a familial connection to the testator or grantor.
- 4Usage: Devisee is a more technical and formal term, while heir is more commonly used in everyday language.
Remember this!
Devisee and heir are both terms used to describe individuals who inherit property or assets from a deceased person. However, devisee specifically refers to a beneficiary of a will or trust, while heir can refer to a beneficiary of an estate through intestacy laws or legal succession. Additionally, heir implies a closer familial relationship to the deceased person than devisee. Devisee is a more technical and formal term, while heir is more commonly used in everyday language.
