The procedure for the judicial division of the inheritance consists of three necessary phases which are:
*The division of the inheritance, in this phase the assets that correspond to the inheritance are valued, an inventory is made, their valuation and award to each heir.
*The intervention of inheritance. This phase aims to ensure that the assets maintain their form and value so as not to cause harm to the heirs. In this case, the aim is to not hide the assets.
*The administration of the inheritance, in this case an administrator is appointed who will be the one who must manage the inheritance while the judicial division process lasts.
There will be a meeting of Heirs in which the accountant will be appointed, and the experts will carry out the inventory of the assets. If an agreement is not reached on the appointment of the accountant, a draw will be held among judicial experts.
The dividing accountant, in accordance with the law, must proceed to divide the inheritance following the logical criteria of inheritance.
The result of the division will be presented to the court within a period of two months from its beginning, the document must contain:
*The inventory.
*The valuation of the assets.
*And the division.
Once presented, the Secretary will inform the parties of the decision, with the parties having 10 days to object if they consider that it is contrary to their rights and interests.
If in those 10 days there is opposition by any heir, the party accountant and the parties will be reconvened to clarify the discrepancies.
Once the resolution of the judicial division of the inheritance is final, the Judicial Secretary will proceed to deliver the assets that correspond to each party, according to the award designed by the dividing accountant, as well as the ownership titles of assets.
