Successor
A "Successor" is a person or entity that follows another in a specific role, position, or responsibility. This term is often used in business, politics, and family contexts, where one individual takes over the duties or assets of another. For example, a company may appoint a new CEO as a successor to the previous leader.
In a legal context, a successor can also refer to someone who inherits property or rights after the original owner passes away. This concept is important in estate planning, where individuals designate successors to manage their affairs and distribute their assets, ensuring a smooth transition of ownership.