A person legally entitled to the property of another on that person’s death.  The heir may be listed in a beneficiary designation,  or in a will or trust.


Often,  beneficiary designations listed on old retirement accounts are out of date,  causing assets to pass to an unintended person.  It is good practice to review beneficiarty designations,  trusts, and wills periodically to assure that the listed heirs are correct.