Can You Sell an Inheritance?

Accepting an inheritance can come with both benefits and liabilities. To avoid the risk of personal assets being seized due to debts left by the deceased, an heir can choose to accept the inheritance with the benefit of inventory. This option helps the heir avoid the confusion of personal and inherited assets, protecting personal property […]

Transferring Bank Accounts to Children: How to Minimize Succession Taxes

Transferring a bank account to a child involves careful consideration of succession taxes in Italy. Our reader seeks guidance on how to transfer assets to their child while minimizing tax implications. Here’s a detailed exploration of the process and considerations involved. In Italy, both donations and inheritances are subject to similar tax regulations to prevent […]

Division of Marital Assets in Case of Separation: Understanding Legal Implications

In case of separation, the division of marital assets depends on the chosen matrimonial regime, either community property or separate property, established before marriage. During judicial separation, when no agreement is reached between spouses, the division varies significantly. Under community property, assets acquired post-marriage are shared, excluding pre-existing assets, donations, and inheritances. Joint bank accounts […]

Can one waive rights to a future inheritance?

This question often arises when considering family dynamics and estate planning. For instance, a man wishes to leave his entire estate to his financially struggling son from a previous marriage. He desires his current wife to renounce any claim to the inheritance and commit not to contest the will. Would such an agreement, authenticated by […]

How to draft a will with specific allocations to heirs? 

When preparing a holographic will with specific allocations to heirs, it’s crucial to navigate the legal framework ensuring fairness to children and spouses, recognized as legitimate heirs. A reader seeks guidance on dividing their estate between two children without creating joint ownership. This approach, termed “institution of heir by specific title,” is legally permissible under […]