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Inheritance

Inheritance means that the things and assets that the deceased person left behind must be transferred to be owned by the heirs. The inheritance of the deceased must be distributed to those who inherit. A process that can be stressful, both emotionally and legally.

Any debts and funeral expenses must be paid before the bereaved possessions can be shifted. You as an estate co-owner have no personal responsibility over any debts the deceased has. Debts that cannot be paid by the estate are therefore most often written off. If the deceased was married or cohabiting, a division of property is usually made before the succession.

Before you can divide the assets between heirs and executors, you must make sure that all debts and expenses are paid. Assets that are not specified in a testament are free to distribute as the co-owners themselves wish.

The agreement itself that states how the assets are distributed is called probate, which is a civil law agreement between all co-owners of an estate. It is a written document that must be signed by everyone who has a share in the inheritance. If there is only one heir, you do not need to do any inheritance. If the co-owners cannot agree, one can, through the district court, apply for an executor or probate administrator whose task is to unite the heirs in a voluntary agreement, or decide on the distribution of the inheritance in a so-called forced inheritance.

We can help you with the entire succession or answer your questions regarding legal rights and division of the inheritance.

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