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SUMMARY OF THE ARTICLE 1.- Who is liable for inheritance debts. Heirs are primarily liable for the debts of the deceased. They succeed the deceased in all his rights and obligations (Article 661 of the Civil Code). Creditors may bring claims against any heir for the full amount of the debt. Legatees, by contrast, are […]
SUMMARY OF THE ARTICLE 1.- Life insurance does not form part of the estate. The proceeds of a life insurance policy are paid directly to the beneficiaries named in the policy. They do not form part of the deceased’s estate and are not subject to the rules governing the distribution of an inheritance. This has […]
In an increasingly interconnected world, inheritances involving assets or individuals in different countries are becoming more common. When a person passes away leaving properties in multiple countries, managing the succession can be complex. To simplify this process, heirs can use a mechanism that allows them to demonstrate their rights before the authorities of different member […]
