May 14, 2025
You can save a pretty penny in inheritance tax if you know how to take the right things into account in your will. In Finland, anyone can inherit less than €20,000 tax-free. A widow, on the other hand, inherits less than €110,000 tax-free. Inheritances can also be divided between several heirs. It is worth...
Apr 21, 2025
A mutual will is a will made by two people together for the benefit of each other. A mutual will secures the rights of the other testator in the future distribution of the estate. A mutual will can also be used in certain circumstances to...
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 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...
