| Heir | |
 A person who inherits some or all of the estate of a recently deceased person. The legal successor is usually selected because they are related to the deceased by a direct bloodline or have been designated in a will or by a legal authority. |
|
 Originating in feudal times, the heir was usually the oldest male child in the family. |
|
 Who Is The Beneficiary Of Your Account? - If you've experienced life changes since first establishing your plan, it might be time to update the designations. Inherited Retirement Plan Assets - Part 1 - If you're a beneficiary of a retirement account, you should know your distribution options. Inherited Retirement Plan Assets - Part 2 - To take full advantage of new RMD regulations, beneficiaries need to take action before important deadlines. |
|
Related Terms
 |