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Simple English definitions for legal terms
colegatee
Read a random definition: Ramseyer rule
A quick definition of colegatee:
Term: COLEGATEE
Definition: A colegatee is someone who receives a gift or money from a will along with one or more other people. It's like sharing a present with your friends. Another word for colegatee is "joint legatee."
Compare: LEGATEE
Example: Grandma left her house to her three grandchildren as colegatees.
A more thorough explanation:
Definition: A colegatee is a person who, along with one or more others, receives a legacy under a will. This means that they are joint legatees.
Example: John and Jane were named as colegatees in their grandfather's will. They both received an equal share of his estate.
Explanation: In this example, John and Jane are colegatees because they both received a legacy under their grandfather's will. They are joint legatees because they share the inheritance equally.