Short answer. No. Article 868 of the Civil Code is clear: the nullity of a fideicommissary substitution does not affect the institution of the first heir. The void fideicommissary clause is simply treated as if it were never written, and your inheritance as the first designated heir stands.
What the law says
The nullity of the fideicommissary substitution does not prejudice the validity of the institution of the heirs first designated; the fideicommissary clause shall simply be considered as not written.
Civil Code, Article 868 — A Void Substitution Does Not Kill the Institution. Read the full provision →
What a fideicommissary substitution is
A fideicommissary substitution is a testamentary arrangement where the testator leaves property to a first heir with the instruction that this heir must eventually pass it on to a second heir. Think of it as a two-step succession: the first heir receives the property but holds it — in a sense — on behalf of the second. For the arrangement to be valid, the Civil Code requires, among other things, that the second heir be alive or at least conceived at the time of the testator's death. When that condition is not met, the second part of the arrangement fails.
The nullity is isolated: only the clause is struck out
Article 868 of the Civil Code establishes an important principle of severability in wills: the invalidity of the fideicommissary substitution does not prejudice the validity of the institution of the heirs first designated. The clause fails — it is treated as not written — but the will's core act of naming a first heir is untouched. You, as the first designated heir, still receive what the testator left you. The failed substitution simply disappears from the will rather than bringing the whole bequest down with it.
Why the law protects the first heir this way
The law's approach reflects a straightforward logic: the testator's primary intent was to benefit the first heir. The fideicommissary substitution was a secondary intent — to pass the property along after the first heir's enjoyment. When the secondary mechanism fails through no fault of the first heir, it would be unjust to penalize that heir by nullifying the entire bequest. The first heir takes the property as the will intended; the property simply does not pass to a second heir because the second step is gone.
What happens to the property going forward
With the fideicommissary clause treated as not written, you receive the inheritance outright — without the obligation to eventually transmit it to a second heir. The property is yours absolutely, subject to any other lawful conditions in the will and to your obligations to compulsory heirs. If anyone challenges your right to the inheritance on the ground that the entire will fails because of the void substitution, Article 868 gives you a direct answer: the clause is treated as not written, not the entire institution. A lawyer can help you address that argument in probate proceedings if needed.