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  • Persons Prohibited from Being Designated as Beneficiaries (Article 2012 in relation to Article 739, New Civil Code) | 19 May 2024

Persons Prohibited from Being Designated as Beneficiaries (Article 2012 in relation to Article 739, New Civil Code) | 19 May 2024

Any person who is forbidden from receiving any donation under Article 739 cannot be named beneficiary of a life insurance policy by the person who cannot make any donation to him, according to said article. (Article 2012, New Civil Code of the Philippines)

Any person who is forbidden from receiving any donation under Article 739 cannot be named beneficiary of a life insurance policy by the person who cannot make any donation to him, according to said article. (Article 2012, New Civil Code of the Philippines)

Article 739 provides that the following donations shall be void:

1. Those made between persons who were guilty of adultery or concubinage at the time of the donation;
2. Those made between persons found guilty of the same criminal offense, in consideration thereof;
3. Those made to a public officer or his wife, descendants and ascendants, by reason of his office. (Article 739, New Civil Code of the Philippines)

Why choose ALBURO LAW?

Alburo Alburo & Associates Law Offices:

• Have labor law and business law as our main fields of practice. For almost a decade now, we have been helping businesses improve their productivity and profitability by helping them comply with relevant laws, rules, and regulations.

• Observe high standards of excellence.

• Always consider innovative approaches to effectively address the legal concerns of our clients, covering a wide range of industries such as food, manufacturing, chemicals, real estate, retail and wholesale trade, and services in fields such as information technology, human resources, security, training, process outsourcing and other manpower services, among many others.

Contact us: 09778050020 | 09778050015 | (02) 7745-4391

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