SUCCESSION FINALE

Institution of heirs-is an act by virtue of w/c the testator designates in his will the person/s who are to succeed him in his property & transmissible rights & obligations. Preterition- is the total omission from the inheritance of a compulsory heir in the direct line without an express disinheritance. Substitution of heir- is the act by which the testator designates a person/s to take the place of the heir/s first instituted. Fideicommissary The fiduciary=obligation to preserve and transmit the property to> the fideicommissary heir which is related one degree apart the 2 must be alive or at least conceived at the time of the testators death. Disposition captatoria- making the will a contractual act. Caucion muciana- bond or security given in favor of those who would get the property if the condition be not complied with. Accretion- is a right by which, when 2 or more persons are called to the same inheritance, devise or legacy, the part assigned to the one who renounces, or cannot receive his share, or who died before the testator, is added or incorporated to that of his co-heirs, co-devisees, or co-legatees. Collation- computing or adding certain values to the estate, and charging the same to the legitime or the free portion. Partition- is the separation, division, and assignment of a thing held in common among those to whom it may belong. Reserva troncal: Origin the ascendant or brother or sister from whom the property came. Propositus- the descendant who acquired the property gratuitously. Reservor/ Reservista- the ascendant who in turn acquired the property from the ascendant by operation of law. Reservees/ Reservatarios- the relatives w/in the 3rd degree belonging to the line from which the property came.