Mar 5, 2024
The heir has the right to validly renounce the inheritance. Pre-emptive renunciation of the succession The heir may renounce the succession while the deceased is still alive. This is called anticipatory renunciation. A valid renunciation is made if the heir accepts in writing the renunciation made by the deceased during his or her lifetime...
Jun 20, 2023
The inheritance tax rate rises progressively, so the more inheritance you receive, the higher the percentage of your inheritance you have to pay tax on. An inheritance can be money, shares, a share in a dwelling, a cottage, a forest or land, anything. The value of what you inherit is added together...
Apr 25, 2023
Insurance and savings contracts, also known as investment instruments, can affect both the distribution of the deceased's estate and taxation. There are many different types of insurance contracts and investment instruments on the market and these contracts...
Jan 19, 2022
Inheritance tax can make use of tax planning. This article focuses on the tax aspects of the inherited dwelling or property. Inheritance tax in Finland is one of the highest in Europe Finland pays high taxes. In the international...
May 10, 2020
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...
May 3, 2019
I am a married woman without children. Under the law, my spouse will inherit me if I do not have a will. I found myself thinking about this when we got married a few years ago and were putting our own papers in order. In a reconstituted family...
