What Happens If You Neither Accept nor Renounce an Inheritance?
What should you do if the heir does not accept or renounce the inheritance? How is the silence of the potential heir interpreted? By law, the acceptance of an inheritance must occur within 10 years. After this period, the right to inheritance acceptance becomes time-barred. However, there are no set time limits for renunciation. This […]
Legal Quota: What Is the Share of Forced Heirship?
In the event of a person’s demise, the division of their assets may not be entirely at their discretion. A part of the estate, referred to as the “legal quota” or “forced heirship” is reserved by law for specific family members. This typically includes the spouse, children, parents, grandparents, or grandchildren, if they exist. The […]
Intestate Heirs: Who They Are and How Inheritance Works
When a person dies without a will, understanding who inherits their assets becomes crucial. The legal system outlines specific rules to distribute the deceased’s estate, prioritizing close relatives. This process is known as “legitimate succession.” Legitimate succession comes into play when: There is no will. The will is declared invalid. The will only disposes of […]
What Does Inheritance Mean and How Does It Work
The Difference Between Legal and Testamentary Inheritance The legal language often has technical terms that, most of the time, have an equivalent in the common language used by the general population. One of these terms is “inheritance”: what is inheritance, and what does it mean? In a single sentence, we could define inheritance as the […]
What must a will have to be valid?
Essential elements of a holographic will be required under penalty of nullity. In the article “How to make a will without a notary,” we explained that there are two main forms of wills: the “public will,” made in the presence of a notary, and the “holographic will,” made by oneself, without assistance, on plain paper […]