Bough v. Modesto, Jan. 28, 1954, 94 Phil.
Bough v. Modesto, Jan. 28, 1954, 94 Phil.
Bough v. Modesto, Jan. 28, 1954, 94 Phil.
MODESTO
94 Phil.
FACTS:
Bruno Modesto, Gustavus Bough and Restituto Anapo executed a
private document whereby Modesto agreed that he would share to the
Bough and Anapo whatever property that he will receive by inheritance
from his wife, who predeceased him eventually. Bough and Restituto
instituted the present action to secure judgment ordering Modesto to divide
the properties left by his wife in the manner and form provided for in such
private document.
ISSUE:
Whether or not the contract which contains object of which is
Modesto’s inheritance is valid and binding between the parties.
RULING:
YES. The contract is valid.
The Court found that it is well settled that rights by inheritance are
acquired and transmitted upon the death of the decedent. With this, it
follows that it is perfectly legal for an heir to enter into a contract of the
nature of the document. The contract becomes effective only when
Modesto is declared as heir but his right over the inheritance accrues from
the time his wife died.