Examples of Legatee in a sentence
Similarly, a Legatee or volunteer found to be in breach of the requirements of this policy may be subject to disciplinary action in accordance with ML’s Legatee Code of Conduct.
Legatee named as executor cannot take unless he shows intention to act as executorIf a gift is bequeathed to a person who is named an executor of the will for his own benefit, and is not given independently of the office of executor, there shall be a presumption that he is not intended to take the gift unless he proves the will or otherwise unequivocally manifests an intention to act as executor.Vesting and Divesting of Gifts54.
Legatee bound by legal conditionsWhere a legatee has taken a gift subject to a valid condition, he shall be estopped by his act of taking the gift from subsequently insisting on rights which, by the terms of the conditions, he is bound to release, or from declining a duty which he is required by the condition to perform.49.
Legatee: A person who receives property under the terms of a will.
All other dispositions are referred to as singular title and those receiving such property are known as a Legatee.