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Challenges Associated With Inventorying And Compiling An Inventory Of Inherited Property

Author

Listed:
  • Lexakova, Ekaterina

    (Moscow City Notary Chamber)

Abstract

The article explores how notarial actions, specifically conducting an inventory of inherited propertyat the request of heirs,affect the protection of inherited property.The author explores the different aspects of compiling an inventory for the sole heir,focusing on the challenges associated with transferring monetary assets,precious metals and gemstones,and securities that do not require management to a bank for safekeeping.Additionally,the author addresses the procedure for drafting the inventory documents and justifies the necessityof creating multiple copies,emphasizing their practical relevance in seeking protective measures.The article discusses controversial situations arising in the field of inheritance law: bankruptcy of the testator,partial inventory of inheritance,execution of escheat property. The work primarily discusses the private law aspects of regulating the relations developing between participants in civil turnover, providing justification for streamlining the regulation and making these notarial acts available to interested parties upon their request. Recommendations are made to ensure the preservation of movable and immovable inheritance at the state level.

Suggested Citation

  • Lexakova, Ekaterina, 2023. "Challenges Associated With Inventorying And Compiling An Inventory Of Inherited Property," Public administration, Russian Presidential Academy of National Economy and Public Administration, vol. 25(4), pages 31-37.
  • Handle: RePEc:rnp:pubadm:pa2305
    as

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