LATEST NEWS
On this page, we keep you up to date with Amos news and legislation.
Division of a limited company
A demerger is often used to prepare for a change of ownership by separating the part of the business that is to be transferred to the new owner. You should allow about six months for the division to take place, as the time required for publication in the Commercial Register is more than three years...
Who has the right to conclude a contract on behalf of a company?
The right to enter into a binding contract with a company is based either on a legal right of representation or on a given power of attorney. The right of a statutory representative, such as a managing director or board member, to enter into contracts on behalf of the company is directly based on his or her position...
Inheritance of a reconstituted family - Who inherits if only one of the spouses has children?
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...
Contract negotiations and negotiated agreements
In principle, a contract is only concluded between the parties when there is a positive response to the offer. If no agreement can be reached, the contract negotiations will be terminated without result. It follows from this principle of contract law that...
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
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...
Applying for an estate administrator in a deceased's estate
It is possible that the partners in the estate cannot agree on the distribution of the estate. In this case, even one of the partners in the estate can apply for the appointment of a liquidator. You do not need to give reasons for your application! This is a legal remedy for an individual partner in the estate to obtain...
A partner in an estate subject to attachment
A partner in an estate is a person who has a share in the estate. Partners in the estate are the widow, the heirs and the beneficiaries of a universal succession. If one of the partners in the estate is the subject of an attachment, the attachment is levied on his or her...
Tasks of the estate administrator
If the partners in the estate cannot agree on the distribution of the deceased's property, the district court appoints a receiver to the estate. The administrator is appointed on application by a partner. Each partner in the estate has an independent right to apply for a...
Birth certificate and civil status certificates
Probate and certificates of inheritance Probate is granted after a person's death, and the deceased's assets and debts, as well as the partners in the estate, are listed in the probate register. Currently, the Office for Digital and Population Affairs and the parishes have...