Paragraph 1: Procedures for acceptance of the succession up to the amount of the net assets.

An heir may declare that he intends to assume this capacity only up to the amount of the net assets.

The declaration must be made at the clerk’s office of the court in whose jurisdiction the succession is opened or before a notary. It includes the election of a single domicile, which may be the domicile of one of the acceptors up to the net assets, or that of the person responsible for settling the estate. The domicile must be in France. The declaration is registered and advertised nationally, which…

The declaration is accompanied or followed by the inventory of the estate, which includes an item-by-item estimate of the assets and liabilities. The inventory is drawn up by a judicial auctioneer, bailiff or notary, in accordance with the laws and regulations applicable to these professions.

The inventory is filed with the court within two months of the declaration. The heir may apply to the judge for an extension if he can show serious and legitimate grounds for delaying the filing of the inventory. In this case, the two-month time limit is suspended from the date of the request for an extension. The filing of the inventory is subject to the same publicity as the declaration….