Insolvency proceedings

Insolvency proceedings

Topics typically covered in a settlement include: taking possession of the estate the probate stage wills partition divorce agreement the legal part of the will sale of the estate's assets over-indebtedness of the estate renunciation of the estate liability of the partners of the deceased and...
Summary of the deed of succession

Summary of the deed of succession

The distribution of an estate can be carried out by contract or by delivery. In a contractual division, the partners agree among themselves on the distribution of the estate. The distribution agreement contains the shares of the estate, the assets to be distributed and the names of the heirs. In a distribution by delivery, the estate is divided by the executor...
Summary of the deed of succession

Why do you need to draw up a distribution agreement?

A distribution agreement must always be drawn up. It explains how the inherited property has been divided and what property each heir has received. It is also known as a deed of distribution and is a very important document, as it allows the heirs to...
Summary of the deed of succession

Rectification of the distribution of an estate

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....