THE IMPORTANCE OF CREATING A WILL
Creating a will is one of the most important decisions anyone can make, as it is a legal document that establishes how a person’s assets will be distributed after his or her death. Although some people may think that making a will is unpleasant or uncomfortable, the reality is that anyone who has assets in […]
Difference Between Open and Closed Testament
A testament is the way in which a person wishes his or her property to be inherited, once he or she dies, and is made in a public deed; the testator can inherit the following to relatives, friends or acquaintances: – Properties – Money – Vehicles – Works of Art – Jewelry – Business – […]
Everything you need to know about the inheritance process in Costa Rica
Losing a person is a very difficult position for any family, a complicated situation and one that takes time to overcome it. If that person had property in his or her name, whether movable or immovable, it must be distributed as inheritance through an inheritance process even if the person has left a will. There […]
Differences between the Will and the Probate Trust
In other publications we have emphasized the subject of wills, their peculiarities and the different types that exist; as well as the probate trust and its main characteristics; however, we are going to cover the main differences between the Will and the Probate Trust. In any of the cases, it is extremely important to have […]
The Succession Process in Court
In the succession process in court, the heirs must be identified, the content of the hereditary assets (inheritance) determined, the credits of the deceased can be collected, the debts must be paid, and the assets are delivered. At the beginning of the process, it should also be determined if there is a will and its […]
Wills. Who, how and what?
It is important that people, regardless of their assets, to bequeath, understand the importance of writing a will with their last will be inherited, make a document with their last will, that is, how they want those goods to be inherited and distributed once they die (successions). In your will, the testator can inherit family, […]
The Testamentary Trust
The Costa Rican Commerce Code is one of the most evolved regulations in our Civil Law. For this reason, trade in Costa Rica has received a large amount of foreign investment through contracts equivalent to its foreign versions in other legal systems. A clear example is the trust, which shares the structure and objectives of […]
The importance of the last will: a document that should not be left to chance
The importance of the will itself is nothing other than a way to exercise the Property Law so that its provisions are fulfilled after the death of the testator, especially with regard to the transfer of your assets that comprise both your assets, that is, their transferable assets and rights, such as their liabilities, that […]