Legal concepts and inheritance procedures

  • by Jesus Barrena
  • 1 years ago
  • Legal
  • 1
inheritance procedures and legacies

Let's see some legal concepts and procedures on issues related to inheritance:

What is the right to inheritance?

We all have an idea of ​​what an inheritance is, but here we are going to deal with it in a little more depth, what its characteristics are and who is part of an inheritance.

If you need help regarding this or a similar topic, you can dor your query in detemaslegales.comAs experts in everything related to legal issues, they will give you solutions to all your doubts.

What is an inheritance?

An inheritance is ., composed of assets, rights and obligations, acquired by a person due to the death of its previous owner. An inheritance is a legal act that consists in transmitting these assets, duties and rights of a deceased person to another alive.

Who is the cause?

El cause is the person from whom an asset or right comes, which becomes the property of the heir or legatee. It is the person from whom the good or right that holds the property derives. successor.

Who is the successor?

The successor in title is that person, who can be natural or legal, who replaces or succeeds another in the right of the latter.

Who are the heirs?

The heirs are in the first place the children, spouse and parents of the person who dies. There are also non-forced heirs who inherit if there are no forced heirs or will. And thirdly the testamentary heirs, are those to whom the deceased person left assets through a will.

What is a legatee?

El legatee it is the person who acquires the goods in a particular and specific way, determined by the testator; therefore, the asset to be left must be specified.
An inheritance is a succession of the totality of the estate of the deceased. Unlike a legacy refers to an individual asset or right; it does not transfer debts, something that the inheritance does.

What is a will?

The will is an act by which a person freely expresses his will to dispose of his assets, rights and obligations; and designate them to one or several persons for after her death.
The person who makes the will is called the testator or inheritance holder.

La subrogation is a legal term used in law that refers to a type of succession. It is a legal transaction whereby one person replaces another in a right or obligation.

What is widowhood?

Widowhood is the state in which a person has lost a spouse by death; if he is a man he is called a widower, and if he is a woman, a widow.
In juridical and legal terms, this person is called «surviving spouse» or «surviving spouse».

Who inherits when the deceased has not left a will?

This fact is called intestate inheritance, inheritance without will.

In the absence of testamentary heirs, who has the right to inherit and is this order:
The relatives of the deceased, children and parents, widow or widower and thirdly the State.
These are the forced or legitimate heirs There will be in every succession, whether or not there is a will.
While the intestate heir, legal or legitimate, attends only in the probate without will.

How to process an inheritance?

Let's briefly see how process legal documentation about an inheritance in a few steps and simple and understandable way.

The main steps when carrying out the procedures at the time of the death of a loved one are:

  • Obtaining certificates for inheritance procedures.
  • Obtaining the will or declaration of heirs.
  • Inventory of goods.
  • Inheritance partition. distribution of the hereditary mass among the heirs.
  • Settlement and payment of taxes.

Inheritance and Legaltech

The new technologies applied to legal services, what is known as legaltech, have also reached inheritances. One of the success stories is Inheritance, founded in 2019 by Ramon Pratdesaba, Lluisa Morales and Rubén Mendiola, offers assistance and help in the testamentary process to many clients thanks to its one-stop-shop technology, which carries out the procedures derived from an inheritance with agility in the different entities such as the civil registry , The property registration, the notary, financial entities and insurance companies. It also facilitates the work of the tax specialist who will try to save the heirs as much as possible from taxes.

We hope that this information is of interest to you, we are at your disposal for any questions related to the subject matter.

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