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The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Legal Definitions - adventitia bona
Definition of adventitia bona
Adventitia bona refers to property acquired by an individual through their own efforts or from sources outside their immediate family inheritance. Historically, this term distinguished property obtained independently from property inherited directly from one's parents or family estate.
Here are some examples illustrating this concept:
Example 1: Professional Earnings and Investments
A young professional, after graduating from university, secures a well-paying job. Over several years, they diligently save a portion of their salary and invest it in a diversified portfolio of stocks and bonds. The wealth accumulated from these investments, along with a house they purchase using their earnings, would be considered adventitia bona.
This illustrates the term because the property (investments and the house) was acquired through the individual's personal labor and financial decisions, entirely separate from any inheritance received from their parents or family.
Example 2: Gifts from Non-Familial Sources
An aspiring musician receives a substantial scholarship and a new, high-value instrument from a philanthropic foundation dedicated to supporting young artists. The scholarship funds and the instrument are provided based on the musician's talent and potential, not as an inheritance.
Here, the scholarship money and the instrument are adventitia bona because they represent property acquired from an external, non-familial entity (the foundation), rather than being passed down from their immediate family.
Example 3: Winnings and Awards
An individual participates in a national innovation competition and wins a significant cash prize for their groundbreaking invention. They use this prize money to start their own technology company and purchase necessary equipment and intellectual property rights.
The prize money, the company, and the acquired assets are all examples of adventitia bona. They were obtained through the individual's personal achievement and an external award, not through inheritance from their family.
Simple Definition
Adventitia bona refers to property acquired by a child or heir from sources other than their father's estate. This legal distinction, historically significant in Roman law, determined who held rights of usufruct or administration over the property.