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This Law, consisting of 52 articles divided into four Parts, establishes the different types of heritage, which refers to all types of property, including rights and obligations, of a deceased person. Heritage may include initial assets and matrimonial property. Initial assets refers to the property that was owned by the husband or wife before marriage or acquired after marriage through any inheritance, gift or conditional gift specifically to either the husband or wife and that is still existing or has been transformed into new assets. Matrimonial property refers to property gained and acquired by the married couple during married life, except for assets for personal use with low value. Inheritance refers to the devolving of property, rights and obligations of a deceased person to the entitled heirs by the operation of the law or under a will. The Law establishes the requirements to be satisfied for the opening of inheritance or the receipt of certificates of acceptance of heritage. Part II specifies the Rights of Inheritance by Law; Part III regulates the Right to Inheritance by Will; and Part IV the Preservation of Heritage and Responsibilities of Heirs.
Title:
Law No. 03/90/PSA on Heritage and Basis of Inheritance.
Country:
Lao People’s Democratic Republic
Type of document:
Legislation
Date of text:
1990
Data source:
Files:
Repealed:
No