Inheritance partnership and inheritance sharing are terms that appear within the scope of inheritance sharing case. Before sharing, there is a partnership on inheritance. This partnership is called inheritance partnership. The inheritance partnership begins with the passing of the inheritance and continues until the inheritance is shared. Inheritance partnership covers all rights and debts in the estate. In other words, the heirs are not only partners in the rights but also in the debts, so they are also responsible for the debts.
The heirs jointly own the estate, dispose of all the rights of the estate together, and are jointly responsible for the debts. In case of inheritance sharing and conflict between siblings, the parties may apply to the court and request the division of the inheritance. In the same way, if there is a disagreement in the division of inheritance, this way is applied. The court will take the necessary measures to protect the right of inheritance during the trial.
Co-ownership is when more than one person owns all of the goods or rights. Partners do not have a determined share in the ownership of the cooperation, and the right of each is common to all the goods entering the partnership. Ownership belongs to all partners. Partners do not have the power to save on their own. For management and savings transactions, the partners must decide unanimously. The transfer of the partnership is not possible. However, the shares that will arise as a result of the liquidation of the partnership may be transferred.
We have stated that the heirs are responsible for the debts of the estate. This responsibility is joint and several liability. The heirs are jointly and severally liable for all their assets after the division due to their debts of inheritance. The succession ends five years after the date of the sharing or the date of maturity for debts to be fulfilled later.
We have stated that the heirs jointly own the estate. Co-ownership can cause some problems. For this reason, the heirs can ask the magistrate to convert the joint ownership on the estate into shared ownership. If a rightful objection is not made or a sharing lawsuit is not filed within the time period determined by the judge, it is decided to transform the joint property into shared property.
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