What is Benefit Of Inventory?

Legal Definition
Civil law. The benefit of inventory is the privilege which the heir obtains of being liable for the charges and debts of the succession, only to the value of the effects of the succession, in causing an inventory of these effects within the time and manner proscribed by law. Civil Code of Louis. art. 1025. Vide Poth. Traits des Successions, c. 3, s. 3, a. 2.
-- Bouviers Law Dictionary
Legal Definition
In the civil law. The privilege which the heir obtains of being liable for the charges and debts of the succession, only to the value of the effects of the succession. by causing an inventory of these effects within the time and manner prescribed by law. Civil Code La. art. lO32.
-- Black's Law Dictionary
Legal Definition
(Roman Law) The limitation of an heir’s liability for the debts of the estate to the value of his inheritance.
-- Ballentine's Law Dictionary