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What is Inheritance in Universal Partnerships about?

1. A partnership involves partners contributing all their present properties to be divided among themselves as profits. Future properties cannot be included in the partnership. 2. A stipulation including future properties acquired through inheritance, legacy, or donation is void, except for the fruits of such properties. 3. Inheritance, legacy, or donation acquired after the partnership agreement cannot be included in the stipulation and contribution to the partnership, except for the fruits.

Author

DONNIE RAY SOLON

Language

EN