Inheritance
When one of the heirs receives the life insurance death benefit that the decedent was paying the premium
07/06/2022
When the decedent dies, the property left by the decedent is usually subject to inheritance by the heir as an inheritance property, but in the case of life insurance money, the decedent's property is based on the insurance contract. It is not an inheritance property as it is received by the heir upon death.However, if […]
What is legally secured portion?
06/13/2022
As a general rule, a person can seriously dispose of his or her property by giving a gift or bequest during his lifetime. However, for certain heirs, there is a certain percentage of the inherited property that is legally guaranteed to be acquired.This is called legally secured portion.The relationship betweenlegal portion of legacy and legally […]