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re: Inheritance question

Posted on 7/17/23 at 9:47 pm to
Posted by Trevaylin
south texas
Member since Feb 2019
5967 posts
Posted on 7/17/23 at 9:47 pm to
used to be called usufruct, use and habitation. nice phrase!
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8550 posts
Posted on 7/17/23 at 9:51 pm to
Still called that in legal terms- I’m in O&G so we see it all the time in Louisiana Law- I guess I assumed that’s where the situation was.
Posted by Roscoe
Member since Sep 2007
2917 posts
Posted on 8/4/23 at 4:56 pm to
quote:

used to be called usufruct


I see the term usufruct comes up a lot now that I'm getting to the age where people are starting to pass. Is that a Louisiana/Civil Law term or is it common to the rest of the country?

I have been told that if you live in Louisiana, the simplest will you can do is to just leave your estate to your children, subject to an unrestricted usufruct to your spouse. My question is why wouldn't you just pass the full ownership of your estate to your spouse? Is doing the usufruct simply a means to ensure your children get your property too in the event that your spouse remarries?
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