Search results
Results from the WOW.Com Content Network
Legacy – testamentary gift of personal property, traditionally of money. Note: historically, a legacy has referred to either a gift of real property or personal property. Legatee – beneficiary of personal property under a will, i.e., a person receiving a legacy. Probate – legal process of settling the estate of a deceased person.
In rising chronological order, with death date specified. If relevant, also the context of the words or the circumstances of death are specified. If there is controversy or uncertainty concerning a person's last words, this is described in footnotes. For additional suicide notes, see Suicide note.
A person does not become an heir before the death of the deceased, since the exact identity of the persons entitled to inherit is determined only then. Members of ruling noble or royal houses who are expected to become heirs are called heirs apparent if first in line and incapable of being displaced from inheriting by another claim; otherwise ...
Historical figure is a person who lived in the past and whose deeds exerted a significant impact on other people’s lives and consciousness. These figures are attributed with certain features that are a compilation of the actual values they proclaimed and the manner they were perceived by others.
The estate of a deceased person is distributed by the executor by first paying the debts, then handing over the legacies and prelegacies, and finally giving the balance to the heir or heirs. A legacy is a disposition in a will, to a person termed the "legatee," of things which are described either specifically or generally.
Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity , and may include minimizing gift, estate, and generation-skipping transfer taxes .
A specific legacy (or specific bequest) is a testamentary gift of a precisely identifiable object, distinguished from all other things of the same kind — such as, a gift of a particular piece of jewelry.
A person (pl.: people or persons, depending on context) is a being who has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility.