Abstract

http://ssrn.com/abstract=1939068
 


 



Vruchtgebruik Van de Langstlevende Echtgenoot (Usufruct of the Surviving Spouse)


Alain Laurent P. G. Verbeke


University of Leuven, Director Rector Roger Dillemans Family Property Law Institute, Codirector Institute for Contract Law, Codirector Leuven Center for Notary Law; Harvard Law School; University of Leuven, Faculty of Psychology; Tilburg Law School Department of Private Law and TISCO; Catholic University of Portugal (UCP) - Católica Global School of Law; Greenille Attorneys

October 5, 2007

VEREFFENING VAN DE NALATENSCHAP, pp. 37-80, W. Pintens, ed., Intersentia, 2007

Abstract:     
Analyzing the usufruct of the surviving spouse under Belgian inheritance law, with special attention to the possibilities for conversion of usufruct into capital and arguing how such conversion should be made. The article explains that conversion methods resulting in a higher value of usufruct and nude property than the total value of full property, erroneously ignore the fact that the usufruct valued in a conversion transaction is not a usufruct in going concern, but merely a usufruct that is coming to an end.

To the extent that the judge would be of the opinion that such value of usufruct would endanger the living standard of the surviving spouse, the correct response is not to over-value the usufruct, but rather to reject the request for conversion of the usufruct and keep the usufruct into existence to the benefit of the surviving spouse.

Note: Downloadable document is in Dutch.

Number of Pages in PDF File: 23

Keywords: Inheritance law, Usufruct, Valuation, Capitalization, Conversion

JEL Classification: K11, K12

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Date posted: October 9, 2011  

Suggested Citation

Verbeke, Alain Laurent P. G., Vruchtgebruik Van de Langstlevende Echtgenoot (Usufruct of the Surviving Spouse) (October 5, 2007). VEREFFENING VAN DE NALATENSCHAP, pp. 37-80, W. Pintens, ed., Intersentia, 2007. Available at SSRN: http://ssrn.com/abstract=1939068

Contact Information

Alain Laurent P. G. Verbeke (Contact Author)
University of Leuven, Director Rector Roger Dillemans Family Property Law Institute, Codirector Institute for Contract Law, Codirector Leuven Center for Notary Law ( email )
Tiensestraat 41
Leuven, 3000
Belgium
003216325203 (Phone)
003216325296 (Fax)
HOME PAGE: http://www.law.kuleuven.be/fvr
Harvard Law School ( email )
Cambridge, MA
United States
HOME PAGE: http://www.pon.harvard.edu/
University of Leuven, Faculty of Psychology
Van Evenstraat 2B
B-3000 Leuven, Vlaams-Brabant 3000
Belgium
HOME PAGE: http://ppw.kuleuven.be/english/wopp/leuven-center-for-collaborative-management
Tilburg Law School Department of Private Law and TISCO ( email )
Tilburg, 5000 LE
Netherlands
HOME PAGE: http://www.tilburguniversity.edu/research/institutes-and-research-groups/tisco/
Catholic University of Portugal (UCP) - Católica Global School of Law
Lisboa
Portugal
HOME PAGE: http://www.fd.lisboa.ucp.pt/site/custom/template/ucptplfac.asp?sspageID=3293&lang=2
Greenille Attorneys ( email )
Boulevard de la Woluwe 2
1150 Brussels
Belgium
003227380650 (Phone)
003227380660 (Fax)
HOME PAGE: http://www.greenille.eu
Feedback to SSRN


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