Tuesday, March 4, 2014

A WILL IS AN ACT WHEREBY A PERSON IS PERMITTED, WITH THE FORMALITIES PRESCRIBED BY LAW, TO CONTROL TO A CERTAIN DEGREE THE DISPOSITION OF HIS ESTATE, TO TAKE EFFECT AFTER HIS DEATH:

     A will may either be notarial or holographic. The law provides for certain formalities that must be followed in the execution of wills. The object of solemnities surrounding the execution of wills is to close the door on bad faith and fraud, to avoid substitution of wills and testaments and to guarantee their truth and authenticity. (Lee vs. Tambago, A.C. No. 5281, February 12, 2008, Corona, J.)

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