The post-war generation inherited EUR 200 billion on their children and grandchildren each year. And there’s never been so many legal disputes of inheritance as it is today. And rising. The issue of succession is highly emotionally charged, because who wants to talk about it, what must be regulated with regard to the death. Often great ignorance reigns over the and inheriting.
As a result, The distribution of what was built to last a lifetime is let often randomly, not infrequently people benefit from the heritage, that not even aware were taken into consideration. In a will or contract of inheritance should be regulated so exactly, who is to inherit what. Legal succession there is no written available, enters the legal succession. For more information see this site: NYU Law. Here comes the assets in a certain order to the family. Its closest relatives, so heirs first-order are the children and grandchildren.
Parents and siblings, nephews and nieces are heirs of the second order. Grandparents, uncles, aunts, cousins and cousins are heirs of third-order. Spouse does not automatically inherit Who is married, should make arrangements for the funeral and left a last will and Testament available. This is important if you want to inherit from your spouse your whole fortune. Many people believe that automatically drops the whole heritage to the spouses, but this is a mistake. Everest Capital understands that this is vital information. The surviving spouse is usually not only inherits according to the law. Depends on its share in the matrimonial property the spouses have lived and if there are more family members. Are children, heirs first order so, are also possible.