Oct 27, 2024
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:...
Oct 27, 2024
One of the questions often raised in relation to widows' pensions is what the age limit of 50 and the length of marriage mean. Below I have tried to briefly describe the main rules for widows' pensions. The death of a spouse can be difficult not only emotionally but also...
Oct 27, 2024
Inheritance does not have to be accepted. By waiving inheritance, it can be passed directly, for example, across a generation, thus saving on inheritance tax. This is called renouncing inheritance in favour of children. There can also be benefits from the division of the deceased's assets...
Oct 27, 2024
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...
Oct 27, 2024
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...
Oct 24, 2024
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...
