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 […]
In most cases, when a person dies, the succession is arranged according to the wishes expressed by the deceased in their will. That is, the will determines how the assets are distributed. However, a will does not always exist. And the situation becomes more complex when the deceased owned assets in different countries or resided […]