Legal Definitions - heiress

An heiress is a woman who is legally designated to inherit, or has already inherited, a substantial amount of property, assets, or wealth upon the death of another individual. This term is typically used when the inheritance is significant, often stemming from a wealthy relative, and results in considerable financial standing for the woman.

• Example 1: After her grandfather, a prominent tech entrepreneur, passed away, Ms. Clara Vance became the sole beneficiary of his vast software company and personal investment portfolio worth hundreds of millions. She now oversees the family's philanthropic foundation and business operations.

  Explanation: Clara is an heiress because, as a female, she inherited a substantial estate, including a major business and significant financial wealth, from her deceased relative.

• Example 2: Upon her 30th birthday, Amelia gained full control of a multi-million dollar trust fund and several luxury properties that her late great-aunt, a successful fashion designer, had established specifically for her.

  Explanation: Amelia is an heiress as she has inherited considerable financial assets and valuable real estate, designated for her as a female beneficiary, from her deceased great-aunt.

• Example 3: When the celebrated artist Mr. Julian Thorne died, his daughter, Sophia, inherited his entire collection of original paintings, sculptures, and the rights to his artistic legacy, which are valued at an immense sum.

  Explanation: Sophia is considered an heiress because, as a female, she inherited a priceless collection of art and intellectual property rights, representing substantial wealth, from her deceased father.