The property in the will

When it comes to legal succession, most people have several heirs. most people have several heirs. Children, grandchildren and spouses: They are all taken into account and receive a small share of your small part of your property. However, as a rule, only one heir can live one heir and their family. It is often financially impossible for this heir not be able to pay out the rest of the community of heirs and so in the end there is and so in the end there is no choice but to sell the property.

First of all, you should clarify whether any of your children or grandchildren would like to live in your property in the future. If this is not the case, the topic of property retirement, which we have already reported on page X, could be of interest to you.

However, if one of your heirs has an interest in your home, then it is advisable to protect them with a will. If you have bought an age-appropriate apartment, then this may be of interest to your own children. This is because most heirs are actually when their parents die are already around 60.

When drawing up a will, it is also important to consider whether your property is the only asset you are bequeathing. Because of course you must not pass on any of your legal heirs who are entitled to a entitled to a compulsory portion. So if you leave the property to one of your children or your spouse the property, then the compulsory portion of the remaining heirs must be compensated by other assets. Otherwise, they are entitled to a share of the house despite the will. In such a In such a case, it is important to grant your chosen heir a lifelong right to live in the property for life. This means that the other heirs not be forced to sell.

When drawing up a will, it is also advisable to seek tax advice. advice on tax law. After all, you want your heirs have to pay as little inheritance tax as possible. If you the property to your partner or a child who lives in the property with you property with you, then under certain conditions there is, for example tax exemption for owner-occupied housing.

It is also important to consider the form in which you draw up your will so that it is actually legally binding. legally binding. After all, the last will and testament scribbled on a handkerchief before death last will and testament, as we know it from the movies, is difficult to endure in court. To make a handwritten will valid, your signature must be at the end of the will. your signature at the end of the will, and it is also advisable to a date and time stamp. In fact, it is important that the that the entire text was handwritten. However, it is more advisable a notarized, public will, as this cannot be lost and the wording used here cannot be lost and the wording used here is legally secure. are legally secure.