Legal Principles of Causa Mortis Succession
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Causa Mortis Succession: Principles and Types
This section defines the various forms of succession upon death. Succession can be categorized by its origin (voluntary, legal, and mixed) and by its subject (universal succession and individual succession).
Voluntary Succession Defined
Voluntary succession occurs when the successor or successors have been freely chosen by the deceased, and the estate phenomenon is governed freely under a unilateral legal transaction, such as a testament, or by agreement with another person. The first case involves probate, while the second involves a series of contracts that the Civil Code (CC) supports only exceptionally and typically restricts.
Legal or Intestate Succession
Legal succession, also known as intestate... Continue reading "Legal Principles of Causa Mortis Succession" »