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SETTLEMENT OF A SUCCESSION

The law provides for the transmission of the rights of a deceased person to his heirs and imposes precise rules for the liquidation of the succession. Furthermore, accepting a succession without having done an inventory poses a risk to put your personal assets at stake as a payment of the deceased’s debts.
Within what period of time has the succession to be accepted or waived and how quickly has the inventory to be carried out?

Credits: Chambre des Notaires du Québec (CNQ)