May 14, 2025
Entering into marriage or a registered partnership has important property consequences. The main concept determining the economic status of the spouses is matrimonial property law, the importance of which becomes clear when the marriage ends. The marriage ends either...
Nov 1, 2024
Acquisition of own shares refers to a situation where a company acquires its own shares from its shareholder voluntarily for consideration by agreement between the parties. The Companies Act gives a very free hand to the acquisition of own shares. On the other hand...
Oct 29, 2024
There are usually two main ways to dispose of a business, either by selling the shares in the company or by selling the business. However, there is no single right way to do a generation transfer or a business sale. Due to liability issues, it is common that if...
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 23, 2024
If only one of the spouses has children of their own and the childless spouse dies first, the widow inherits first from the deceased childless spouse. What happens after both have died? When the widow dies, the property is distributed first to the secondary heirs of the deceased spouse (who are usually the...
Oct 21, 2024
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...
