{"id":365555,"date":"2013-01-28T16:34:14","date_gmt":"2013-01-28T21:34:14","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/dictionary\/definition\/succession.html"},"modified":"2013-01-28T16:34:14","modified_gmt":"2013-01-28T21:34:14","slug":"succession","status":"publish","type":"dictionary","link":"https:\/\/dictionary.findlaw.com\/definition\/succession.html","title":{"rendered":"Succession"},"content":{"rendered":"\n
\n

term:<\/p>\n

<\/h1>\n\n
\n

n<\/p><\/dt>\n

1 a<\/b> :<\/b> the order in which or the conditions under which one person after another succeeds to a property, dignity, position, title, or throne [the sequence of to the presidency]
b<\/b> :<\/b> the right of a person or line of ancestry to succeed
c<\/b> :<\/b> the line of ancestry having such a right
2 a<\/b> :<\/b> the act or process of following in order
b<\/b> :<\/b> the act or process of one person’s taking the place of another in the enjoyment of or liability for rights or duties or both
3<\/b> :<\/b> the act or process by which a person becomes entitled to the property or property interest of a deceased person and esp. an intestate
:<\/b> the transmission of the estate of a decedent to his or her heirs, legatees, or devisees
;also<\/i>
:<\/b> the estate of the deceased including assets and liabilities used chiefly in the civil law of Louisiana <\/p>\n

intestate succession<\/b>
1<\/b> :<\/b> the transmission of property or property interests of a decedent as provided by statute as distinguished from the transfer in accordance with the decedent’s will
;also<\/i>
:<\/b> the operation of such statutory provisions in transmitting intestate property [would take the property by intestate succession<\/i>]
2<\/b> in the civil law of Louisiana<\/i>
:<\/b> property that is not disposed of by will but by operation of statute [who presents himself to claim an intestate succession<\/i> “Louisiana Civil Code<\/i>“] <\/p>\n

testate succession<\/b>
:<\/b> the transmission of property in accordance with a valid will <\/p>\n

vacant succession<\/b>
in the civil law of Louisiana<\/i>
:<\/b> an estate that has not been claimed, of which the heirs are unknown, or that has been renounced by all of the heirs
4 a<\/b> :<\/b> the continuance of a corporation’s status as a legal person [perpetual corporate ]
b<\/b> :<\/b> the act or process by which one corporation assumes ownership of another [documents…that all aim to prepare your company for its new owner’s “Saul Berkowitz”]
5<\/b> :<\/b> the act or process by which one state takes over or follows upon another and becomes entitled to its rights and position in international law <\/p>\n<\/dd>\n<\/dl>\n

Source: Merriam-Webster’s Dictionary of Law \u00a91996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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