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Legatee - Law Dictionary Search Results

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succession

the estate of a decedent to his or her heirs, legatees, or devisees ;also : the estate of the deceased including

preference

a debt [with over the creditors of the heirs or legatees "Louisiana Civil Code"] 2 : the transfer of an insolvent

natural object

who, as the natural objects of a testator's bounty, were…residuary legatees "Lomon v. Citizens Nat'l. Bank & Trust of Muskogee, 689

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fiduciary relationship

agents and principals, attorneys and clients, executors or administrators and legatees or heirs, trustees and beneficiaries, corporate directors or officers and

Falcidian portion

more than three-fourths of the succession was bequeathed to other legatees compare legitime, marital portion NOTE: The Falcidian portion is expressly

disposable portion

portion of a testate succession that may be donated to legatees other than the forced heir compare marital portion

Trust for sale

contrary, that where a residue was settled by will upon legatees in succession, wasting property must be sold and the proceeds

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