On the other hand, a succession can be organised by anticipated inheritance, for example through one or more gifts to the beneficiary. With the gift, the beneficiary becomes the new owner of the asset; however, the transferor may, to a certain extent, determine rights of repurchase or reversion. The irrevocable granting of rights of use or a beneficial interest may also constitute an anticipated succession of property.
If, however, the testator does not wish to transfer his assets during his lifetime, but for certain reasons commits himself bindingly to give them to a certain beneficiary, the instrument of the testator’s contract of inheritance is an obvious choice.
We rightly talk about these topics in our Round Table meetings. The Round Table is an action of Herfurth & Partner and serves to clarify and secure wishes and decisions in the family in connection with assets, provision and succession.
The next dates can be found in the Round Table section (welcome homepage).