Cretion

Cretion
Cretion
Quick Summary of Cretion

Cretion refers to the process of accepting an inheritance that has been designated to an individual in a will. The recipient is given a period of 100 days to make a decision regarding acceptance. Failure to make a decision within the allotted time results in forfeiture of the inheritance. Although once a prevalent practice in Roman law, cretion is no longer utilised in modern times.

Full Definition Of Cretion

CRETION, a legal term used in Roman law, refers to the process of accepting an inheritance by an appointed heir. This process must be declared within 100 days from the date the heir receives notice of the appointment. Failure to declare within this timeframe results in disinheritance, with a substitute inheriting in their place. The term “cretion” originates from the Latin word “cernere,” meaning “to decide.” For instance, John was designated as the heir in his grandfather’s will and had 100 days to declare his acceptance of the inheritance, which is known as cretion. Failing to do so would lead to his disinheritance and the inheritance being passed on to someone else. This example highlights how cretion serves as a legal procedure ensuring that the rightful heir accepts the inheritance within a specific time period.

Cretion FAQ'S

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.

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