Inheritance and planning ahead
- Disclaiming an inheritanceIf someone close to you has died and the estate might be over-indebted, you can disclaim the inheritance as an heir.
- The debts of the deceasedIf someone close to you dies, you do not only inherit their assets, but automatically also their debts - these become your own personal debts.
- Making a willFrom the age of 18, and provided you are capable of judgement, you can use a will to decide for yourself what happens to your property after your death.
- Statutory entitlements: what close family members are owedStatutory entitlements protect close family members from being left with nothing at all by a will or a contract of succession.
- Advance care directive and living willIf illness, an accident or dementia leaves you incapable of judgement, you can no longer decide for yourself.