Disclaiming a German inheritance.
Category: Probate
The court-administered process of transferring the estate to the beneficiaries in Germany.
A Bequest vs an Inheritance under German Law
The interest in a German estate can either be in form of a bequest ("Vermächtnis") or an inheritance ("Erbe", "Erbschaft"). A bequest ("Vermächtnis") relates to a specific item or a specific amount of money. By contrast, an inheritance means that the beneficiary is either the sole heir or part of a community of heirs ("Erbengemeinschaft") … Continue reading A Bequest vs an Inheritance under German Law