If A Person Is Missing For Several Years When Is He Presumed Dead For Inheritance Purposes?
by: Mark Joseph T. Fernandez, CPA, RFC, MDRT
One of my favorite movies, Taken will be out by January 9, 2015. The movie shows how Liam Neeson who is an ex-secret agent tries to track down his daughter and wife who were kidnapped (taken).
Question popped out of my mind. What if someone gets missing for several years? Does the law provide for a presumption of death if the person is missing for several years? Here is what the Civil Code Provides regarding presumption of death: