What is the term for a person who accepts the terms of a will?

Prepare for the Pittsburgh Institute of Mortuary Science Test. Our comprehensive quiz allows you to study with flashcards and multiple-choice questions, all with hints and explanations to help you excel.

Multiple Choice

What is the term for a person who accepts the terms of a will?

Explanation:
The term for a person who accepts the terms of a will is "beneficiary." A beneficiary is someone designated in a will to receive a portion of the deceased person's estate. This individual has a legal right to inherit the specified assets, and their acceptance of these terms typically implies that they agree to the conditions laid out in the will. In contrast, a testator is the person who creates and executes a will, outlining how their estate should be distributed upon their death. A codicil is a legal document that modifies or adds to an existing will, while a legatee specifically refers to someone who receives a legacy, which is typically a gift of personal property bequeathed in a will. While all these terms are related to the context of wills and estates, the primary definition pertaining to the acceptance of the terms of a will is that of a beneficiary.

The term for a person who accepts the terms of a will is "beneficiary." A beneficiary is someone designated in a will to receive a portion of the deceased person's estate. This individual has a legal right to inherit the specified assets, and their acceptance of these terms typically implies that they agree to the conditions laid out in the will.

In contrast, a testator is the person who creates and executes a will, outlining how their estate should be distributed upon their death. A codicil is a legal document that modifies or adds to an existing will, while a legatee specifically refers to someone who receives a legacy, which is typically a gift of personal property bequeathed in a will. While all these terms are related to the context of wills and estates, the primary definition pertaining to the acceptance of the terms of a will is that of a beneficiary.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy