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Legacy-Support Agreement

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Chapter Summary

This chapter on legacy-support agreement contains several articles concerning the definition of legacy-support agreement, form of legacy-support agreement and effect of legacy-support agreement. A natural person may enter into a legacy support agreement with a person or an organization under collective ownership which, in accordance with the agreement, assumes the duty to support the natural person in his lifetime and attends to his interment after death, in return for the right to the legacy. The provisions of the Contract Law apply mutatis mutandis to the legacy-support agreement if not provided by this Law. The legacy-support agreement takes effect from the moment of its conclusion and is protected by law.

Keywords: Contract Law; legacy-support agreement



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