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Who is a person who has legal right to property upon a person's death?
Wiki User
∙ 12y ago
An heir.
Wiki User
∙ 12y ago
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What is a will?
A will is a legal document that specifies how a person's assets and property are to be distributed after their death. It allows individuals to outline their wishes regarding beneficiaries, guardianship of minor children, and other important decisions. Having a will in place can help ensure that assets are distributed according to the person's wishes.
Does property go into the persons name that is given lifetime rights to it?
No. That person does not own legal title to the property. They simply have the right to the use and possession as long as they live.
What legal document states a person's wishes regarding the disposal of their property after death?
A "Lat Will and Testament" is the document a person has prepared for the disposal of their assets after their death.
What is the legal definition of estate?
An estate is comprised of all the property a living person owns or all the property a decedent owned at the time of their death.
What is the point of estates?
==One Answer== An estate is all the property both real and personal that a person leaves after death. The point of classifying property as an estate at death is for the purpose of passing ownership of the the property to the next of kin or legal heirs of the decedent.
Which of these is a legal term that describes the property a person owns?
Ownership is the legal term that describes the property a person possesses.
Can an heir receive funds from an estate prior the persons death?
Let's examine your question and look for the answer in the legal terms you used to ask it. An 'heir' is a person who is entitled under the laws of intestacy to receive an intestate decedent's property. A decedent is a person who has died. Therefore a person to whom you would be considered a legal heir would need to die in order for you to be classified as their heir. 'Heir' is sometimes used informally to describe a beneficiary under a will. Despite the fact that a person is named a beneficiary under a will they do not become a beneficiary until the testator has died and the will has been probated. 'Estate' has two common meanings: all the property a living person owns both real and personal, and, all the property that a person leaves after death. You have no right to the property of a living person and you don't become an heir until they have died.
Is withholding a persons will after death legal in the state of Arizona?
No it is not legal to withhold a will. It is a crime to interfere with the probate of an estate.
What happens if a person sold a property of a deceased person and used a power of attorney?
A POA is extinguished at the moment of death. If a POA was used to sell the property of a deceased person the sale was null and void. The former attorney-in-fact had no legal interest in the property, couldn't sell it and committed a fraud. The buyer did not get title to the property.
A legal statement of how an individual property is to be distributed after death is?
A living will
What does it mean For a person to warrant and agrees to defend the title to all of such property for the benefit of to a person his legal representatives and assigns against all persons mean?
That language is used in the transfer of property, especially real property, to a new owner. It constitutes warranty covenants by which the grantor will warrant the title against any and all claims by any other person.
What is the difference between a legal entity and a legal person?
A natural person is a human. A legal person is a company or person.
