Legal Encyclopedia. Letter O

SECURITY ESTATE

- Measures taken by the executor of the will or a notary at the location of the inheritance in order to protect the rights and legitimate interests of the heirs and the persons concerned.

O. authorized person on the basis of submitted application, one of the heirs. In that case, if the executor is appointed, a notary in agreement with him take all necessary measures.

Banks, credit organizations on request of the notary to determine inheritance and OM are required to report information about him available to these persons of property belonging to the testator.

O. performed for a certain period of the notary, but not more than 6 months. O. executor of the will shall be made within the period required for the execution of wills.

The notary makes an inventory of inherited property in the presence of two witnesses in order to

O. If the inheritance includes the property that you want to control, then the notary concludes a contract of trust management and acts as the trustee of the founder. Costs incurred in this case is divided into:

1) caused by the disease of the testator;

2) the funeral expenses, including necessary expenses for the payment of the burial place of the testator;

3) the cost of the protection and management of heritage

them;

4) costs associated with the execution of the will, reimbursed to the value at the expense of the estate.

Expenses shall be reimbursed or the heirs of a temporary administrator.

These expenses are reimbursed to the payment of debts to creditors of the testator within the value passed to each of the heirs of inherited property.