windyMagician
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Simple English definitions for legal terms
inheritable obligation
Read a random definition: Federal Savings and Loan Insurance Corporation
A quick definition of inheritable obligation:
An inheritable obligation is a legal or moral duty that can be passed down to someone's heirs after they die. It can be a duty to do something or not do something, and it can be imposed by law, contract, promise, or other social relations. Obligations can be absolute, conditional, alternative, or joint, and they can be legally enforceable or based only on one's conscience. Inheritable obligations are obligations that can be enforced by a successor of the creditor or against a successor of the debtor.A more thorough explanation:
Definition: An inheritable obligation is a legal or moral duty that can be passed down to successors or enforced against successors. It can be imposed by law, contract, promise, social relations, courtesy, kindness, or morality.
Example: A father has a legal obligation to provide for his children. If the father dies, this obligation can be passed down to his heirs or successors. The children can then enforce this obligation against the father's estate or successors.
This example illustrates how an inheritable obligation can be passed down to successors and enforced against them. It also shows how the obligation can arise from a legal relationship, in this case, the relationship between a parent and child.