Inheritance: Is It Mandatory to Treat All Children Equally?
If a parent favors one child with a donation, can the other contest it? A parent is considering donating a substantial sum to one of their two children, creating an imbalance in the overall inheritance. Is this permissible? Must children be treated equally in inheritance matters? Can Parents Treat Children Differently Regarding Inheritance and Donations? […]
The discipline of the Holographic Will under Italian Law
The Holographic Will and Its InvalidityA comprehensive examination of the guided hand phenomenon in holographic wills. What is a Guided Hand in a Holographic Will?A holographic will must be entirely handwritten, dated, and signed by the testator, as stipulated by Article 602 of the Italian Civil Code. This type of will does not require witnesses […]
Does aHow to Give Money to Siblings Without Tax Risksn ex-wife lose alimony if she inherits?
In the current context, many individuals want to financially support their family members, raising doubts about the tax implications of such gestures. For instance, a sister may wish to transfer money to her brother’s account to assist him during a financial crisis, or a brother may want to help his sister pay off a car […]
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
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 […]