Any usufruct belonging to the spouse on the property of the predeceased, whether resulting from the law, a will or a gift of future property, gives rise to an option to convert it into a life annuity, at the request of one of the bare owner heirs or of the successor spouse himself.
The conversion option is not subject to renunciation. Co-heirs cannot be deprived of it by the will of the predeceased.
Failing agreement between the parties, the application for conversion is submitted to the judge. It may be introduced until the final partition. If he grants the conversion application, the judge determines the amount of the annuity, the security to be provided by the debtor co-heirs, and the type of indexation suitable for maintaining the initial equivalence of the annuity to the usufruct. However, the judge may not order, against the…
By agreement between the heirs and the spouse, the spouse’s usufruct may be converted into a lump sum.
The conversion of the usufruct is included in the partition transactions. It does not have retroactive effect, unless otherwise agreed by the parties.
If, at the time of death, the successor spouse actually occupies, as his or her principal dwelling, a dwelling belonging to the spouses or wholly dependent on the succession, he or she has by right, for one year, the free enjoyment of this dwelling, as well as the furniture, included in the succession, which furnishes it. If his dwelling was secured by means of a lease or a dwelling belonging…
Unless the deceased wishes otherwise in accordance with article 971, the successor spouse who actually occupied, at the time of death, as his or her principal dwelling, a dwelling belonging to the spouses or wholly dependent on the succession, has over this dwelling, until his or her death, a right of dwelling and a right of use over the furniture, included in the succession, furnishing it. The deprivation of these…
The value of the rights of habitation and use is set off against the value of the inheritance rights collected by the spouse. If the value of the rights of habitation and use is less than that of his or her inheritance rights, the spouse may take the remainder from the existing assets. If the value of the rights of habitation and use is greater than his or her inheritance…
The spouse has one year from the date of death to express his or her wish to benefit from these rights of habitation and use.
Where the dwelling was the subject of a lease, the successor spouse who, at the time of death, was actually occupying the premises as his or her principal dwelling shall benefit from the right of use over the furniture, included in the estate, furnishing it.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
