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How is the inheritance divided between a spouse and children?

How is the inheritance divided between a spouse and children

When a person passes away without a valid will, the law determines inheritance distribution among close relatives. If there’s no will, the spouse typically inherits the entire estate if there are no children, parents, siblings, or descendants. Otherwise, the spouse may receive half if there’s one child or one-third if there are multiple children. If […]

Ten Essential Steps for Managing an Inheritance Succession

Ten Essential Steps for Managing an Inheritance Succession

A practical guide to fulfilling obligations after the death of an individual. Inheritance succession, in addition to grief, entails financial obligations. This article outlines ten steps: understanding testamentary provisions or statutory law, identification and valuation of assets, recognition of heirs, management of liabilities, acceptance or renunciation of the inheritance, declaration of succession and payment of […]

When a parent passes away, who inherits the estate?

When a parent passes away, who inherits the estate

When a parent passes away in Italy, the distribution of their inheritance among family members becomes a crucial matter. In situations where a will exists, the estate’s division adheres to the testator’s instructions. However, the law ensures that certain family members receive a minimum share known as the statutory share or “legittima,” which cannot be […]

Practical Guide to Inheritance Division in Italy

Practical Guide to Inheritance Division in Italy

The inheritance division, governed by Articles 713 and following of the Italian Civil Code, is a crucial moment where co-heirs resolve the inheritance community, thus becoming sole owners of the inherited assets. According to Article 713 of the Italian Civil Code, each co-heir has the right to request division to terminate the inheritance community. Such […]