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Legal Definitions - inheritable obligation

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Definition of inheritable obligation

An inheritable obligation refers to a legal duty or responsibility that does not end with the death of the person who originally held it. Instead, this obligation passes to the deceased person's estate or, in certain circumstances, directly to their heirs. This means that the estate or the heirs become legally responsible for fulfilling that duty.

Here are some examples to illustrate this concept:

  • Example 1: Outstanding Mortgage Debt

    Imagine a homeowner who passes away, leaving behind a house with an outstanding mortgage. The obligation to repay the mortgage loan is an inheritable obligation. The deceased's estate, and ultimately the beneficiaries who inherit the property, become responsible for continuing the mortgage payments. If these payments are not made, the lender still has the right to pursue foreclosure on the property, as the debt did not disappear with the original homeowner's death.

  • Example 2: Contract for Services

    Consider a skilled artisan who enters into a contract to custom-build a unique piece of furniture for a client, receiving a significant deposit upfront. If the artisan unexpectedly dies before completing the furniture, the contractual duty to deliver the finished product or refund the deposit is an inheritable obligation. The artisan's estate would typically be responsible for either arranging for the completion of the furniture (if possible) or returning the client's deposit, as the legal commitment did not terminate with the artisan's passing.

  • Example 3: Shared Property Maintenance Agreement

    Suppose two neighbors have a legally binding agreement to jointly maintain a shared private access road leading to both their properties. One of the neighbors dies and their property is inherited by their child. The obligation to contribute to the upkeep and repair of the shared road is an inheritable obligation. The child, as the new owner of the property, now assumes the legal responsibility under the agreement to share in the maintenance costs and duties with the other neighbor.

Simple Definition

An inheritable obligation is a legal duty or debt that automatically transfers from a deceased person to their heirs or estate. This means the responsibility for fulfilling the obligation continues and binds the successors of the original party, rather than terminating upon that party's death.

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