Practice question
Grandchildren represent their deceased parent in a grandparent’s succession. The parent would have had to collate a PHP300,000 gift, but the grandchildren did not inherit that donated asset. No exemption applies. What 1064 rule matters?
- They must collate what the parent would have been obliged to bring despite not inheriting that property.
- Failure to inherit the asset automatically deletes the statutory duty.
- Only physical delivery to them can ever matter.
- The executor may privately erase every account.
- Representation always gives a greater share than law permits.
Legal references
- Civil Code Articles991,997-1001,1016-1023,1026-1035,1050 and1063-1072: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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