LOSING THE BENEFITS OF ACCEPTING THE SUCCESSION BY INVENTORY (ART. 64 AND ART. 65, S. 1 IN FINE OF LAW ON SUCCESSION)

Author

Vasil Petrov

Annotation

Accepting the succession by benefit of inventory leads to restricting the liability of successor. According to art. 60, s. 2 of Law on Succession in such case the successor's liability is limited by the size of the succession thus acquired. At the same time this benefit, this advantage of accenting the succession by benefit of inventory can be lost. The present article seeks to answer mainly three questions: which are the benefits of accepting a succession by inventory and whether they are limited to art. 60, s. 2 of Law on Succession limited liability; what are the cases in which benefits of accepting a succession by inventory are lost, as well as what are the legal remedies of successors, creditors and legatees to prove the facts leading to losing benefits of inventory. 

Keywords

accepting the succession by benefit of inventory, limited liability, losing benefits of accepting a succession by inventory, legal remedies, proving facts, creditors of succession, legatees

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