Why a declaration of transmission of movable property? | ScriptaLegal
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Frequently asked questions > Succession/Estate > Succession settlement process > Why a declaration of transmission of movable property?

Why a declaration of transmission of movable property?

A written declaration of transmission (for the movable property) will establish the transmission of the right. Thus, the amounts deposited with a financial institution, the various investments and retirement plans of the deceased will be remitted to the succession in order to be distributed afterwards to the heirs or beneficiaries.

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