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legatee

n. a person or organization receiving a gift of an object or money under the terms of the will of a person who has died. Although technically a legatee does not receive real property (a devisee), "legatee" is often used to designate a person who takes anything pursuant (according) to the terms of a will. The best generic term is beneficiary, which avoids the old-fashioned distinctions between legatees taking legacies (personal property) and devisees taking devises (real property), terms which date from the Middle Ages.

See also: beneficiary  devise  devisee  legacy  will 

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The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications