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Simple English definitions for legal terms
fiduciarius heres
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A quick definition of fiduciarius heres:
Term: FIDUCIARIUS HERES
Definition: In ancient Rome, a fiduciarius heres was someone who was named as an heir in a will, but their role was to hold the inheritance in trust for someone else. This means that they were responsible for delivering the inheritance to the person who was designated by the will.
A more thorough explanation:
Definition: Fiduciarius heres is a Latin term used in Roman law to refer to a person who is named as an heir in a will, but only in a fiduciary capacity. This means that the person is responsible for delivering the inheritance to the person designated by the will.
Example: For example, if a wealthy person wants to leave their estate to their children, but they do not trust their children to manage the assets responsibly, they may name a fiduciarius heres in their will. This person would be responsible for managing the assets and distributing them to the children according to the terms of the will.
Explanation: The fiduciarius heres is a way for someone to ensure that their wishes are carried out after they pass away, even if they do not fully trust the people they are leaving their assets to. By naming a fiduciarius heres, they can have peace of mind knowing that their assets will be managed responsibly and distributed according to their wishes.