beneficiary heir

Definition of "beneficiary heir"
  1. In the Louisiana civil law context, a beneficiary heir is an individual who applies the inventory benefit to limit their responsibility for the deceased person's debts
How to use "beneficiary heir" in a sentence
  1. The beneficiary heir chose to apply the benefit of inventory to limit their financial liability.
  2. To avoid being liable for the debts left by the deceased, the beneficiary heir used the benefit of inventory.
  3. A beneficiary heir in Louisiana can rely on the benefit of the inventory to limit their responsibility for any outstanding debts.

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