Obligatory Share and Entitled Entities: An Obligatory Share during Testamentary Inheritance

This paper focuses on the results of research normative acts and practices regulating institute mandatory shares entities with right to shares. Formation correct view this issue is a precondition for redistribution property in accordance law inherited property, both court notarial practices. In turn, proper directly related protection inheritance rights. why studied does not lose its urgency. The aim correctly define essence share, as well subjects entitled identify shortcomings issue, develop recommendations their perfection. comparative-legal, logical, systematic analysis norms were used achieve goal. Problems analyzed using examples Georgian, German, Swiss law. defining share it, common features essential differences revealed between named models, This, however, makes it possible more effective model - number advantages Georgian identified which reflected mechanism exercise without court. addition, study found that testator’s grandchildren are eligible receive if parent died before testator. legal interpreted relation Constitution. On basis, Civil Code Georgia Law “On Entrepreneurs” even non- compliance Constitution identified. necessary improve them create stable guarantees inheritance.