§ 801 Applicability of Chapter
§ 803 Succession Defined
§ 805 Right of Representation Defined; When Posthumous Child is\r\nConsidered to be Living
§ 807 Establishment and Determination of Degree of Kindred
§ 809 Lineal Consanguinity Defined
§ 811 Collateral Consanguinity Defined
§ 813 When Half-Blood Kindred Inherit Equally; When Not
§ 815 When Rights of Succession Are Dependent on Parent-Child\r\nRelationship
§ 817 Inheritance Rights of Adopted Children; Restriction
§ 819 Guam Slayer\’s Statute
§ 821 Effect of Devise Upon Bona Fide Purchaser or Encumbrancer of Real Property From Heir
§ 857 Effect of Registration in Beneficiary Form
§ 851 Short Title: Rules of Construction
§ 852 Definitions
§ 854 Registration in Beneficiary Form; Applicable Law
§ 855 Origination of Registration in Beneficiary Form
§ 856 Form of Registration in Beneficiary Form
§ 857 v2 Effect of Registration in Beneficiary Form
§ 858 Ownership on Death of Owner
§ 859 Protection of Registering Entity
§ 860 Nontestamentary Transfer on Death
§ 861 Rights of Creditor on Registration
§ 862 Terms, Conditions and Forms for Registration
§ 863 Notice of Effect of Registration

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Terms Used In Guam Code > Title 15 > Chapter 8 - Succession: General Provisions

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Intestate: Dying without leaving a will.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • Sole ownership: The type of property ownership in which one individual holds legal title to the property and has full control of it.
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Testate: To die leaving a will.