Louisiana Notary -Homework Chapter 24 Questions and Answers 100% Accurate!
Administrator - ANSWER-a person appointed by the court as the succession representative to manage the assets and liabilities of an intestate decedent; an executor Ascendant - ANSWER-One who precede in lineage; an ancestor Bequest - ANSWER-a disposition of property made by a testator Codicil - ANSWER-a common law term. An amendment, modification, supplement or addition to a will that must be in the form of a testament Collateral - ANSWER-any relation not directly in the line of ascent or descent Collation - ANSWER-the supposed or real return to the mass of succession property given to forced heirs by donation inter vivos in order to divide the property with the other effects of the succession. Decedent - ANSWER-a person who has died Descendent - ANSWER-all offspring of a person in direct line Disinherison - ANSWER-a means of depriving a forced heir of his inheritance duets some act upon his part which the law deems sufficient cause Disposable portion - ANSWER-The portion of a testator's property which he can will to anyone he chooses. Estate - ANSWER-the property, rights and obligations that a person leaves after his death and includes also all that has accrued thereto since death Executor - ANSWER-a succesion representation designed in a will to administer an estate Executrix - ANSWER-a female executor Fillation - ANSWER-the condition or fact of being the child of a particular parent Forced heir - ANSWER-descendants of the first degree who at the time of death of the decedent are 23 years of ago under, or of any age who because of mental incapacity or physical infirmity is permanently incapable of taking care of his person or to administer the estate at the time of the parent's death Forced portion - ANSWER-that portion of a decedent's estate that the law reserves to him by right, called the legitime, unless the decedent has just cause to disinherit him Heir - ANSWER-intestate successor Illegitimate children - ANSWER-those who are conceived and born outside of marriage Intestate - ANSWER-one who has died without a will Legatee - ANSWER-One who is named in a will to take personal property; one who has received a legacy or bequest; a successor of a testate succession. Marital portion - ANSWER-that portion of a deceased's estate which the surviving spouse is entitled to claim when the deceases spouse dies rich in comparison with the surviving spouse. The a portion is one-fourth of the succession in ownership if he deceased died without children, the same fraction in usufruct for life is three or fewer children survive the deceased and a child's share in usufruct for life if three or fewer children survive the deceased and a child's share in usufruct if more than three children survive him; but the amount cannot exceed one million dollars
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