How Assets and Estates Are Divided Between Siblings The period of undivided ownership can be contentious: it is best to avoid it. When an individual dies, he or she leaves an estate. This entails several inheritance procedures: – the inventory of the estate; – organising the undivided ownership of the…
How Can a Holographic Will Help You Summary – Holographic will: validity criteria – Holographic will: a notary for the succession – Cancellation or modification of a holographic will – Holographic will: the formulas to be respected The testator writes the holographic will without the intervention of a notary. During…
How to Open an Estate Summary – Step 1: Choose the legal service provider – Step 2: Prepare the necessary documents – Step 3: Follow the legal service provider’s instructions A legal service provider must handle an estate if any of the following four conditions are met:…
– Succession of surviving spouse: without descendants and ascendants – Succession of surviving spouse: with descendants – Succession of the surviving spouse: when there are parents – Where to go for professionals legal advice? In the presence of a surviving spouse, the estate is divided between the descendants, the ascendants…
In the event of the death of a married person, the surviving spouse may find himself or herself the owner of the usufruct of the deceased’s property. Whether it results from the law, a will or a donation of future property, this usufruct can also be transformed into a life annuity. We tell you more.
This post is a continuation of Part 1 on What is Conveyancing a Business by Shared Donation. Lately, we have gone through Step 1: Having the company evaluated Step 2: Choosing between temporary or lifetime dismemberment. We will now continue from step 2 to further cover Step 3: Don’t harm other…
This post is a continuation of Will: Anticipating Your Succession (Part 1). Lately, we have gone through the following: – Will: anticipating one’s succession – Why make a will? – The authentic will – Other forms of will We will now cover: – Will: instructions for use – A will with…
General liability and professional liability insurance both protect against common small business liabilities, but cover two different types of lawsuits. You may need to purchase one or both policies depending on your risks. What is general liability insurance? General liability insurance protects your company from basic lawsuits that any business…
Summary Step 1: Determine if a notary is required Step 2: Search for beneficiaries Step 3: Search for creditors Step 4: Obtain a Certificate of Heredity and Death Step 5: Take the certificates to the deceased’s bank Step 6: Report the estate received It is possible to open an estate…
Summary Step 1: Evaluate the companyStep 2: Choose between temporary or lifetime dismembermentStep 3: Don’t harm other heirs in reserveStep 4: Consult a notary An entrepreneur has the option of starting to transfer his business during his lifetime, by way of bare ownership donation. He can thus retain the usufruct…
