Devisee definitions
Word backwards | eesived |
---|---|
Part of speech | The word "devisee" is a noun. |
Syllabic division | de-vi-see |
Plural | The plural of the word devisee is devisees. |
Total letters | 7 |
Vogais (2) | e,i |
Consonants (3) | d,v,s |
When a person creates a will to distribute their assets after they pass away, a devisee is a person or entity named in the will to receive those assets. The devisee can be someone's child, spouse, friend, or even a charitable organization.
Devisees are essential components of a will because they ensure that the deceased's wishes regarding their belongings are carried out. The specific items or amounts of money left to each devisee are detailed in the will document.
Types of Devisees
There are different types of devisees that can be named in a will, including residuary devisees, specific devisees, and general devisees. Residuary devisees receive the remaining assets after specific gifts are distributed. Specific devisees are designated to receive particular items or sums of money. General devisees are entitled to a specified portion of the estate's assets.
Rights of a Devisee
As beneficiaries of a will, devisees have rights to the assets allocated to them in the document. It is essential for devisees to understand their rights and responsibilities, such as filing any necessary paperwork and following the instructions outlined in the will.
Challenges to Devisees
Sometimes, devisees may face challenges to their inheritance. This could occur if another party contests the validity of the will or disputes the allocation of assets. Devisees may need legal representation to protect their rights in such situations.
In conclusion, devisees play a crucial role in the execution of a will by receiving assets as designated by the deceased individual. Understanding the different types of devisees and their rights is essential for a smooth distribution of assets according to the deceased's wishes.
Devisee Examples
- The devisee inherited a large sum of money from their late relative.
- As a devisee of the will, she was entitled to the property left to her by her grandmother.
- The court ruled in favor of the devisee, granting them ownership of the estate.
- The devisee was ecstatic to learn that they had been left a valuable art collection.
- The deceased's niece was named as a devisee in their will, receiving a significant portion of the estate.
- The devisee was surprised to find out that they had been left a vintage car in the will.
- After the reading of the will, the devisee was given possession of the family heirlooms.
- The devisee was responsible for paying the taxes on the property they inherited.
- The attorney met with the devisee to go over the terms of the will and explain their rights.
- The devisee had to go through a lengthy legal process to claim their inheritance.