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That's still the same issue, people confounding estate and family members, and it gets written that way because it elicits emotional response, not necessarily b
by rdancer 11y ago
That's still the same issue, people confounding estate and family members, and it gets written that way because it elicits emotional response, not necessarily because it were true.
It looks like in principle it is the same as the English Common Law or the Napoleonic or Germanic law:
"[T]here are two ways for successors to consent how to inherit: simple consent (tanjun-syonin) and limited consent (gentei-syonin). Simple consent is to accept the whole inheritance, including debts and assets. Limited consent is to accept debts with a limitation up to the value of the assets."
-- http://japan.angloinfo.com/money/pensions-wills/inheritance-law/ http://japan.angloinfo.com/money/pensions-wills/inheritance-...
In fact I doubt there is a legal system in existence that doesn't follow this principle. It would be ripe for abuse, as everybody would be getting loans secured on the wealth of their rich relatives.
- vinceguidry 11y ago> That's still the same issue, people confounding estate and family members, and it gets written that way because it elicits emotional response, not necessarily because it were true. The article I linked was pretty clear in that the apartment owners sued the family, not the estate. Think about it, how much is a college kid going to have in his estate? They have to sue the family, because they're the only ones that can make good.
- xbmcuser 11y agoI think it's for properties where the loan is cosigned by the parents.