The inheritance passes upon death
In Paraguay, succession upon death is governed by Book Five of the Civil Code (Law No. 1183/1985). Under Article 2443 of the Civil Code, from the moment of a person's death, ownership of the assets and rights in the estate passes to those who are to receive it.
Law No. 1183 – Civil Code, Part V, Book Five (BACN) (opens in a new tab)