Professional Documents
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Another option?
- Just want both of them to inherit the entire amount?
- Just to both of them? YES
- Can just not do will, and leave to both
- The entire estate goes to the compulsory heirs
Law on succession
- Animated by a uniform general intent
Article 775 In this Title, "decedent" is the general term applied to the person
whose property is transmitted through succession, whether or not he
left a will. If he left a will, he is also called the testator.
Person whose estate is to be distributed
1. Testator = left a will
2. Intestate - left no will
Article 776 The inheritance includes all the property, rights and obligations of a
person which are not extinguished by his death.
Inheritance v Succession
Inheritance
- property or right acquired
Succession
- Manner by virtue of which property or right is acquired
Inheritance in American Law
- Succession = descent
- Title by descent = title by which one person on death of another
acquires the estate of latter as his heir at law
Administration VS Succession
Administration
- Dealing with deceased person's property according to law
Succession
- Transferring to it beneficially
Inheritance Includes?
1. Property
2. Rights not extinguished by death
3. Obligations not extinguished by death
TO THE EXTENT OF THE VALUE OF THE INHERITANCE
PROPERTY Property
- Real
- Personal
- Accessions to property, accruing thereto from moment of death
to time of actual receipt
Extinguished by death
- Not part of estate
- Intransmissible personal rights
○ Family rights
○ Marital and parental authority
○ Support
○ Action for legal separation
○ Partnership
○ Agency
○ Life annuity
- Right to claim acknowledgment or recognition as natural child
- Right to hold public or private office or job
Q:
- Assuming that were the case
- That she died, as my mother
- She passes away
- Say at 630 pm she dies
- It is now 730
- Can i sell property?
- Yes ???
Q1
- Assuming that we are children
- 5 children
- We would want to partition the property
- Pending the partition
- Mr. Sy cannot wait for us to partition it
- He sells
- Valid ? Valid up to portion?
- Co-ownership
- ONLY TO EXTENT OF INHERITANCE
Q3 in bar exam
- Wife passed away
- Left behind spouse
- Left behind 2 kids
- Case where these three are compulsory heirs
- Husband sold entire property
- Is it valid?
A: Sale is valid but only to extent of share of spouse
Devisees and legatees are person to whom gifts of real and personal
property are respectively given by virtue of a will.