Inheritance Distribution
PreLex offers a comprehensive range of legal services related to inheritance law. Our experts assist you to ensure that estate inventory, division of property, inheritance distribution, realization of estate assets, and related tax matters are handled professionally and without unnecessary delays.
The estate inventory is followed by the distribution of the inheritance, for which no statutory deadline is set. If the deceased has left a surviving spouse, a division of property between the spouse and the estate is also carried out in connection with the inheritance distribution. The distribution of the inheritance can be executed either by agreement among the heirs of the estate or by an estate administrator appointed by the district court. When the inheritance is distributed by agreement, significant savings in both time and money can be achieved.
Although inheritance taxes are determined based on the estate inventory, the division of property and the distribution of the inheritance can have significant tax implications. Suboptimal division and distribution arrangements may trigger gift, transfer, and capital gains taxes. A professionally drafted division and inheritance distribution agreement can therefore achieve substantial tax savings.
We at PreLex ensure that estates are distributed not only smoothly but also in a tax-efficient manner.
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