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

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 […]

How much does the inheritance tax on a house cost?

The inheritance tax cost for a house varies based on the value of inherited real estate assets, who must pay it, and who is exempt due to close kinship or value thresholds. Most often, there’s no payment required as there are exemptions, especially for close relatives like parents and children. However, the tax applies differently […]

Harmful Donations of Legitimate Share and Action for Reduction

The principle of testamentary freedom stands as a cornerstone in the law of succession, yet it must be balanced with the need to ensure that at least a portion of the estate is allocated to the closest family nucleus. In this regard, the law reserves for a specific category of “successors” a share of the […]

Understanding the Impact of Donations on Inheritance

Donations made during one’s lifetime can significantly affect the distribution of inheritance, particularly for legal heirs such as spouses, children, and parents. While giving a donation may seem like an act of generosity, it can also serve as a strategic means for the donor to advance the distribution of their estate, potentially bypassing the need […]