Effects of Inheritance
Universal succession of inherited property
- An inheritor succeeds, from the time of the commencement of the inheritance, to the blanket rights and duties regarding the property of the inheritee (Article 1005 of the “Civil Act”).
· The inheritance is commenced by the death of the person (inheritee) (Article 997 of the “Civil Act”).
- The inherited property subject to succession at this time does not only include positive property that benefits the inheritor but also negative property such as debts.
· The positive property refers to inherited property such as real rights, claims, and objects, and the negative property refers to debts.