JunZeJun Law Office: New Law Express No.7, 2020
The latest New Law Express No.7, 2020 released by JunZeJun Law Office provides an interpretation of the Civil Code on Succession Part of the Civil Code.
Overview of the Civil Code
Adopted by the third Session of the 13th National People's Congress of the People's Republic of China, the CivilCode of the P.R.C was promulgated on May 28, 2020 and takes effect on January 1, 2021.There are seven parts constituting the Civil Code: the General Princiles, Real rights, Contracts, Personality Rights, Marriage and Family, Succession and Tort Liability, in addition to the supplementary provisions. while maintaining the basic civil system set up by the previous laws, the Civil Code makes significant progress by further highlighting the autonomy of private law as the core idea of civil law and through providing more effective protection of the economic life of citizens and enterprises. Succession, as a key part of the Civil Code, constructs the basic institutional framework for the inheritance after the death of a natural person, meets the demands of civil subjects in handling inheritance, and plays an essential role in promoting harmony of family and development of aging industry.
Key Contents
I. Setting up the Estate Administrator System
II. Extending the Scope of Subrogation Inheritance in the case of Statutory Succession
III. Adding provisions on "Forgiving improperly behaving inheritors"
Click here to read the full New Law Express No.7, 2020.
