Mutual testament of tenure and the legal element

Mutual testament of tenure and the legal element

Married or unmarried couples can make a mutual testamentary will in favour of each other. The purpose of a testamentary disposition is to ensure the survival of a widowed spouse after the death of the other spouse, by ensuring that the property left by the latter...
Mutual wills can safeguard the position of a widow or widower

Mutual wills can safeguard the position of a widow or widower

Many parents would like the estate to remain undivided after the death of their spouse and to be administered by the widow or widower throughout her or his lifetime. Nevertheless, the law still allows the heirs-in-law to claim their share of the estate. A will has the possibility of limiting this...
Employment relationships in mergers and acquisitions

Employment relationships in mergers and acquisitions

In a share deal, a shareholder of a company sells shares that entitle him or her to control the company to another party. Although the shareholder changes, the employer company of the company's employees remains unchanged. This article examines business transactions, in particular...
Right to a legal portion - What is the legal portion of an inheritance?

Right to a legal portion - What is the legal portion of an inheritance?

The statutory portion is half the value of the inheritance to the heir according to the legal order of succession. Such an heir, who is entitled to a legal share, is known as a bastard heir. Who is entitled to a share in the estate? The persons entitled to a share of the estate are always the heir at law and...
Widow's right of survivorship and inheritance tax relief

Widow's right of survivorship and inheritance tax relief

If the deceased spouse is survived by a surviving heir, the widow is protected in that the widower always retains undivided possession of the common home and its movable property. The widow is entitled to retain undivided possession of this part of the estate even if...