Question
Lucio executed a simple deed of donation of P50 million on time deposit with a bank infavor of A, B, C, D, andE, without indicating
Lucio executed a simple deed of donation of P50 million on time deposit with a bank infavor of A, B, C, D, andE, without indicating the share of each donee.All the doneesacceptedthe donationin writing.A, oneof thedonees, died.Will
B, C, D, and E getAs
share in the money?A. Yes, accretion will automatically apply to the joint-donees in equal shares.
B. Yes, since the donors intention is to give the whole of P50 million to the joint
- donees inequal shares.
C. No, As share will revert tothe donor because
accretion applies only if the joint-doneesare spouses.
D. No, As share goes to hisheirs since the donation did not provide for
reversion to donor.
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