APPOINTMENT OF AN HEIR

Abstract

Appointment of an heir means that the testator entitles one or more persons as his/her inheritance over all or certain part of his inheritance. Appointment procedure can be conducted either in the form of a testament or inheritance agreement. Upon the appointment procedure, in principle, statutory heirs and appointed heirs will have the same legal status. The heirs universally and automatically acquire the heritage. Such acquisition is not valid through transferring the assets to the appointed heir in testator's lifetime. Since, such transfer in the testator's lifetime has its specific consequences.