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7 practical information on international successions An international succession does not necessarily follow the same rules as a “classic” succession. Learn more in 7 points! What is an international succession? Today, it is more and more frequent to have to settle successions involving people of several nationalities or assets spread over several states. A succession …
Why would you renounce an estate? In some instances, it may be wise to renounce the estate. For example, if the deceased has not made any provisions, the succession is said to devolve “intestate”: without a will. The transmission of the estate to the heirs is then organized by law. There are three cases in …
How to Refuse an Inheritance With Debt Summary – Step 1: Avoiding Unsuspected Debt – Step 2: What to do if there are unsuspected debts – Step 3: Accepting or Refusing the Estate: Are You Unsure? In real estate matters, an heir who accepts an estate also undertakes to pay the deceased’s debts, even those …
How is Estate Inventory Carried Out When the succession is opened, an inventory of the deceased’s inheritance can be made. When an individual dies, he or she leaves an estate. This patrimony generally consists of property, money, claims and debts. According to an established procedure, the entire estate is passed on to the heirs. This …
6 Steps to Settle an Estate Without a Notary Summary – Step 1: Determine if a notary is required – Step 2: Search for beneficiaries – Step 3: Search for creditors – Step 4: Obtain a certificate of inheritance and death – Step 5: Take the certificates to the deceased’s bank – Step 6: Declare …