Strictly, those whom statutory law would appoint to inherit an estate should the ancestor die without a Will (Intestate). The term is often applied indiscriminately to those who inherit by will or Deed, as well as by operation of law.
| Business Dictionary: Heirs |
Strictly, those whom statutory law would appoint to inherit an estate should the ancestor die without a Will (Intestate). The term is often applied indiscriminately to those who inherit by will or Deed, as well as by operation of law.
| 5min Related Video: Collateral Heir |
| Law Encyclopedia: Collateral Heir |
A successor to property — either by will or descent and distribution — who is not directly descended from the deceased but comes from a parallel line of the deceased's family, such as a brother, sister, uncle, aunt, niece, nephew, or cousin.
| will | |
| descent and distribution | |
| King Ralph (1991 Comedy Film) |
| What is collateral advertising? Read answer... | |
| What is collateral agreement? Read answer... | |
| What is collateral circulation? Read answer... |
Copyrights:
![]() | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved. Read more |
Mentioned in