What is a Legatee?

The beneficiary, also known as the "legacy beneficiary." Refers to the person designated by the beneficiary in his will to accept his bequest property. The succession legislation of some countries treats legal heirs, and persons or organizations other than legal heirs as the beneficiaries. According to the Chinese inheritance law, the beneficiaries can be natural persons, collective organizations or social groups, or the state. However, as a beneficiary, a natural person must be a natural person other than the legal heir. The realization of the bequest must be limited in time. As far as the beneficiary is concerned, he must be a citizen or a legally existing collective organization or social group who survived the death of the beneficiary. If the beneficiary dies (natural death or is declared dead) or is revoked before the beneficiary, or dies at the same time as the beneficiary, is presumed to die at the same time, and is revoked simultaneously, the bequest is invalid. If the beneficiary dies after the beneficiary but before the division of the estate, the bequest property shall be transferred to the legal heir of the beneficiary. ^[1]

Beneficiary

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The beneficiary, also known as the "legacy beneficiary." Refers to the person designated by the beneficiary in his will to accept his bequest property. The succession legislation of some countries treats legal heirs, and persons or organizations other than legal heirs as the beneficiaries. According to the Chinese inheritance law, the beneficiaries can be natural persons, collective organizations or social groups, or the state. However, as a beneficiary, a natural person must be a natural person other than the legal heir. The realization of the bequest must be limited in time. As far as the beneficiary is concerned, he must be a citizen or a legally existing collective organization or social group who survived the death of the beneficiary. If the beneficiary dies (natural death or is declared dead) or is revoked before the beneficiary, or dies at the same time as the beneficiary, is presumed to die at the same time, and is revoked at the same time, the bequest is invalid. If the beneficiary dies after the beneficiary but before the division of the estate, the bequest property shall be transferred to the legal heir of the beneficiary. ^[1]

According to the "Inheritance Law of the People's Republic of China", the beneficiary may be a citizen other than the legal heir, a collective organization or a social group, or a state. The beneficiary must be a citizen who survives the death of the beneficiary or a social organization that still exists legally.

If the beneficiary dies at the same time as the beneficiary or is presumed to die at the same time, the bequest is invalid. If the beneficiary dies after the beneficiary and before the estate is divided, the bequest property is transferred to the beneficiary's legal heir. The fetus can also act as a beneficiary, and the beneficiary donates the estate to the fetus, and the bequest is valid. A legal person who is still being set up can also act as a beneficiary. The bequest is invalid if the fetus is stillborn at birth, or the legal person under establishment is not established at the end.