Apr 2, 2025
The inheritance is divided among the heirs When a person dies, his or her estate, or inheritance, is divided among the heirs. The heirs are determined by Finnish law and by the will drawn up by the deceased. In most cases, the inheritance is distributed to the descendants of the deceased (which are...
Mar 3, 2025
The succession book is a list of the partners in the estate and of the assets and liabilities of the deceased and the widow or widower as they stood at the date of death. The succession book is a summary of the assets and liabilities of the deceased and of the members of his estate. In addition...
Dec 8, 2024
The heir's right to a share of the estate The heir is entitled to a share of the estate of the deceased. The legal portion is the minimum amount that the heir is entitled to receive from the deceased's estate. The legal portion is half of the so-called 'share of the estate', which...
Dec 8, 2024
A minor is a person under the age of 18. The estate is the total of the deceased's assets, debts and partners. A minor can be a partner in an undivided estate either by universal testament or by succession. A minor must be appointed...
Nov 3, 2024
It is perfectly possible to transfer a share of the estate to another person. It is worth bearing in mind all the tax consequences. After the death of the deceased, a partner in the estate can transfer his or her share of the estate to another person, for example by selling or donating it. This can be anyone...
Oct 30, 2024
Sale of estate property Estate property can be sold before the distribution of the estate for a number of reasons. Sometimes the sale of assets is necessary in practice to provide the estate with ”liquid assets” to pay the debts of the deceased or the estate. Debts...