bill as introduced - Goavidhansabha.gov.in - Welcome to Goa ...
bill as introduced - Goavidhansabha.gov.in - Welcome to Goa ...
bill as introduced - Goavidhansabha.gov.in - Welcome to Goa ...
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MANDATORY SUCCESSION,<br />
COLLATION AND REDUCTION<br />
83. Disposable portion.— The portion which the testa<strong>to</strong>r may freely dispose off shall be<br />
called the disposable portion and it shall consist of half of the estate of the estate leaver,<br />
except <strong>as</strong> provided hereunder:—<br />
(a) Legitime of the parents: Where the estate leaver h<strong>as</strong> no children or descendants at<br />
the time of his death but either his mother or father is alive, the legitime of the surviv<strong>in</strong>g<br />
parents shall consist of half of the <strong>in</strong>heritance.<br />
(b) Legitime of other <strong>as</strong>cendants: Where the estate leaver h<strong>as</strong> at the time of his death<br />
<strong>as</strong>cendants other than the father or mother, their legitime shall consist of one third of the<br />
<strong>in</strong>heritance.<br />
84. Restrictions on transfer by parents, or grandparents.— Parents or grandparents shall<br />
have no right <strong>to</strong> sell or mortgage their <strong>as</strong>sets <strong>to</strong> their children or grand children unless the<br />
rema<strong>in</strong><strong>in</strong>g children or grand children and their spouses give their consent there<strong>to</strong> <strong>in</strong> writ<strong>in</strong>g.<br />
85. Disposition of specific usufruct or lifetime annuity.— Where the testa<strong>to</strong>r bequeaths a<br />
specific usufruct or a lifetime annuity and the value of such usufruct or lifetime pension<br />
annuity exceeds <strong>in</strong> value his disposable portion, the forced heirs may give effect <strong>to</strong> the<br />
legacy or deliver <strong>to</strong> the legatee the disposable portion only.<br />
86. Inofficious dispositions.— Dispositions by the estate leaver by gift or will which<br />
exhaust the disposable portion and impair the manda<strong>to</strong>ry share of the forced heirs shall be<br />
called <strong>in</strong>officious dispositions.<br />
87. Right of forced heir <strong>to</strong> claim reduction.— Where the estate leaver h<strong>as</strong> gifted or<br />
disposed off by will <strong>as</strong>sets <strong>in</strong> excess of his disposable portion, the forced heirs may apply<br />
that the gift or the testamentary disposition be reduced.<br />
88. Renunciation of right <strong>to</strong> claim reduction.—No person shall dur<strong>in</strong>g the lifetime of the<br />
estate leaver renounce his right <strong>to</strong> have the gift or will reduced.<br />
89. Computation of disposable portion.— (1) For the purposes of reduction of <strong>in</strong>officious<br />
gifts or wills, the computation of the disposable portion shall be made <strong>as</strong> follows:—<br />
(a) the values of all the <strong>as</strong>sets left by the estate leaver on the date of his death, shall be<br />
added;<br />
(b) thereupon, the value of the <strong>as</strong>sets gifted by the estate leaver dur<strong>in</strong>g his lifetime<br />
shall be added;<br />
(c) and thereafter, the debts of the estate leaver shall be deducted.<br />
The disposable portion shall be calculated tak<strong>in</strong>g <strong>in</strong><strong>to</strong> account the <strong>to</strong>tal sum.