Reduce inheritance tax with a will

Reduce inheritance tax with a will

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...
Acquisition of own shares in a limited company

Acquisition of own shares in a limited company

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...
Acquisition of own shares in a limited company

Acquisitions and pre-acquisition arrangements

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...
Widow's right of survivorship and inheritance tax relief

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...