benefit of inventory

benefit of inventory. Civil law. The principle that an heir’s liability for estate debts is limited to the value of what is inherited, if the heir so elects and files an inventory of the estate’s assets. — Also termed bénéfice d’inventaire. [Cases: Descent and Distribution 119. C.J.S. Descent and Distribution §§ 112, 114, 123.]

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词条贡献者

法律翻译大智，毕业于世界顶级翻译学院，专注翻译各类与税务、财富规划服务和高管薪酬有关的法律文件。