heir apparent
n. the person who is expected to receive a share of the estate of a family member if he/she lives longer, or is not specifically disinherited by will. See also: heir.

heiress
n. feminine heir, often used to denote a woman who has received a large amount upon the death of a rich relative, as in the "department store heiress."

heirs of the body
n. descendants of one's bloodline, such as children or grandchildren until such time as there are no direct descendants. If the bloodline runs out, the property will "revert" to the nearest relative traced back to the original owner. See a ...

held
v. decided or ruled, as "the court held that the contract was valid." See also: decision judgment ruling.

hereditament
n. any kind of property which can be inherited. This is old-fashioned language still found in some wills and deeds.

hidden asset
n. an item of value which does not show on the books of a business, often excluded for some improper purpose such as escaping taxation or hiding it from a bankruptcy trustee.

highway
n. any public street, road, turnpike or canal which any member of the public has the right to use, provided he/she/it follows the laws governing its use, such as having a driver's license if operating a vehicle.