What is the difference between an advance inheritance and a gift?

What is the difference between an advance inheritance and a gift?

The purpose of anticipated inheritance is to ensure equal treatment between the heirs of the deceased's breast. A parent can give financial assistance to one of the children during his or her lifetime and designate the gift as an anticipated inheritance. In the final distribution of the estate, this child will receive less than the value of the gift...
Donation of a summer cottage for a child

Donation of a summer cottage for a child

A summer cottage can be donated during your lifetime to your children or grandchildren. Making a gift during your own lifetime is an effective way to save on inheritance and gift taxes. You can retain the right of ownership of the summer cottage, which also reduces the amount of gift tax. A lawyer's tip:...
Consider these when making your gift book

Consider these when making your gift book

Christmas is coming and loved ones are thinking about what to give each other for Christmas. Some families are thinking about donating their possessions. I've put together an information pack below on how to make a gift. There is no obligation to accept a gift and in some cases...
What is pre-inheritance?

What is pre-inheritance?

An inheritance is a gift from the deceased to his or her heir during his or her lifetime. After the death of the donor, this gift becomes an anticipated inheritance, since, unlike normal gifts, anticipated gifts are taken into account in the distribution of the estate. An anticipated inheritance ensures that...
Is it worth it to pass on a summer cottage to the next generation?

Is it worth it to pass on a summer cottage to the next generation?

A summer cottage can be donated during your lifetime to your children or grandchildren. Making a gift during your own lifetime is an effective way to save on inheritance and gift taxes. You can donate less than €5,000 without paying gift tax You can donate a summer cottage in parts tax-free, provided you do it once...