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Is a Devisee the same as a beneficiary?

Beneficiary is a broad term used to describe someone who is named to receive an asset, whether the asset is passed through a will or other type of account. Devisees are beneficiaries of a will, but not all beneficiaries are devisees.

What is the meaning of the word Devisee?

Law. the person to whom real property has been devised. Word origin. devise + -ee1.

What is a residuary Distributee?

It is also known as a residual estate or simply residue. As you may know, the residuary estate distribution clause distributes the remainder of ones estate once all expenses and specific bequests are compensated.

What is a Distributee?

A distributee is a person or party who receives a share of assets from a total of assets of a decedent. In simpler terms, a distributee could be defined as an heir; a person entitled to an interest or share in the estate distribution process.

What is the synonym of devised?

bequeath. verbgive in a will. bestow. commit. devise.

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