Tuesday, March 29, 2011

German Law - Probate and Inheritance in Germany - Basics

In Germany there is no American style probate and, generally, there is no court in Germany under the supervision of the administration of deceased estates. Under German law, an executor may be called later to offer estate administration, but not the most wanted in Germany.

Under German law there are no living trust. Germany is a civil law jurisdiction, the trust is not identified. A trustee will take title to property in Germany deceased.

German inheritance law provides that at the time of death of the decedent's property passes directly to heirs. Under German law, the same rule applies to obligations of the deceased. As a result, property loans in Germany you also may be inherited. But it is possible to leave a legacy in Germany.

If you are an heir under German law is dependent on the deceased left a will. If you would any under German law of intestate succession may be an heir at law. If there is one, in most cases, you will only be an heir of the deceased's name if you explicitly or implicitly. If you do not inherit under the German law provides that you are still forced to share a legacy may be eligible, even if you lay out for the deceased.

How do you know that you could have made a part of Germany? Anyone who is in possession or control of a will, it is required to submit the court where the deceased was domiciled. Court will inform you if you under a heir, or heirs at law will be. Even if there will not inherit the legacy of the paper is often inherited in Germany must transfer title of property, and generally in Germany are required to settle claims for bank accounts and applied. Once the Court received an application of this law will notify heirs. Identity is not clear if the heirs can not use the court investigators and possible heir may contact.




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