Hidden legacy: court decides against suspected debts!

Hidden legacy: court decides against suspected debts!

A sensitive case brings the complicated world of inheritance into the light: a woman had knocked out the legacy of her 106-year-old grandmother because she believed that she would only have left debts. But it could have lost a valuable share of assets. The Palatinate Higher Regional Court in Zweibrücken decided that this loss is now final, since the woman is no longer entitled to the assets after the expression. This decision makes it clear how important it is to find out in advance about the exact financial situation of a testator, because premature action can have serious consequences, such as the Rheinpfalz reports .

But how does the succession take place if there is no will or inheritance contract? In such cases, the legal succession applies. According to the regulations of the Civil Code (BGB), the direct descendants, such as children or grandchildren, and the spouse initially inherit. In the event of a lack of relatives, the state has the last word and ultimately inherits the assets, such as Erbrecht- advisor declared . For example, if there is no will, the legal regulation gains importance. Clear information about inheritance law is therefore crucial in order to be able to compete in time and easily. The case impressively shows that it should be thoroughly carefully considered to refuse an inheritance, since it can refuse precious opportunities to the descendants.

The laws on succession can be complex. A will that needs the last will of the testator to distribute the assets and thus ensure clarity. If a will is effective, in the best case it can also result in the exclusion of certain heirs, which assigns an important role to the heirs of deceased and grandparents. It is all the more important to have the right information, especially in sensitive family topics such as the heir