Louisiana Civil Code 1725 – Method of making partition
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Terms Used In Louisiana Civil Code 1725
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Executor: A male person named in a will to carry out the decedent
- Inter vivos: Transfer of property from one living person to another living person.
- Legatee: A beneficiary of a decedent
- Testator: A male person who leaves a will at death.
These partitions may be made by act inter vivos or by testament. If a testator has designated the quantum or value of his estate which he bequeaths to a legatee either by formula or by specific sum, he may expressly delegate to his executor the authority to select assets to satisfy the quantum or value.
Amended by Acts 1982, No. 448, §1.