Define: Co Heiress

Co Heiress
Co Heiress
Co Heiress FAQ'S

A co-heiress refers to a person who inherits property or assets alongside one or more individuals, typically through a will or intestate succession.

A sole heiress is the only person entitled to inherit a particular property or assets, whereas a co-heiress shares the inheritance with one or more individuals.

In general, a co-heiress cannot be excluded from inheriting unless there are specific legal grounds for disqualification, such as being convicted of a serious crime or being found mentally incompetent.

If a co-heiress dies before the inheritance is distributed, her share typically passes to her heirs, as determined by the laws of intestate succession or the provisions of her own will.

Yes, a co-heiress generally has the right to sell or transfer her share of the inheritance, subject to any legal restrictions or conditions imposed by the deceased’s will or applicable laws.

Yes, a co-heiress can contest the validity of the will if she believes there are grounds to do so, such as undue influence, fraud, or lack of testamentary capacity. However, she must follow the legal procedures and time limits for contesting a will.

In certain circumstances, a co-heiress can be removed from the inheritance if she breaches the terms of the will, engages in fraudulent activities, or fails to fulfill her legal obligations as a co-heiress. However, this typically requires a court order based on sufficient evidence.

Unless specified otherwise in the will or applicable laws, co-heiresses are generally entitled to equal shares of the inheritance. However, this may vary depending on the specific circumstances and any provisions made by the deceased.

Yes, a co-heiress can choose to disclaim her share of the inheritance, effectively renouncing her rights to it. This may be done for various reasons, such as to avoid tax liabilities or to allow the remaining co-heiresses to receive larger shares.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 5th April 2024.

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