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House bill sets time interval before presumption of death By Charlie V. Manalo 04/22/2012

Sunday, April 22, 2012

House bill sets time interval before presumption of death

By Charlie V. Manalo 04/22/2012

A lawmaker has proposed a one-year prescription for a person missing due to extraordinary forces of nature under the New Civil Code on the declaration of presumptive death needed for estate settlements.

“This bill seeks to help the victims to settle their successional rights over the estate of their departed loved ones who were declared casualties of a natural calamity without the unnecessary delay in the settlement of their estate,” said Kasangga Rep. Teodorico Haresco, author of House Bill 6015.

The bill seeks to amend Section 2, Article 391 of the New Civil Code on the Declaration on Presumptive Death..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20120422nat2.html

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