Apr 5, 2025
The succession code's rules on rectifying the distribution of an inheritance are relatively new in many respects in our ageing succession law. Since 1 January 2016, it has been possible to rectify the distribution of inheritance from the outset, and a new Chapter 23a on rectification of the distribution of inheritance has been introduced into the Succession Code....
Apr 3, 2025
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...
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...
Mar 2, 2025
For probate, two trustees are always needed to assess the assets and liabilities of the estate. The trustees must be sufficiently qualified to estimate the value of the estate's assets, which is then entered in the will. Attention should therefore be paid to this point...
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...