in this day and age.Upon the death of your partner, spouse, parent or other family member, you may have to deal with inheritance law and the Inheritance Tax Act (Inheritance Tax).
Inheritance law becomes important when you are faced with the death of someone close to you. Although everyone has to deal with this sooner or later, knowledge about inheritance law is often limited. Inheritance law is a specialised area of law with a multitude of rules and associated risks. Is it wise or not to accept an inheritance? And if so, should you accept the inheritance beneficently (and what does that mean)? What if there is disagreement within the family about the settlement of the estate or if there are doubts about the content of the will?
To look after your best interests, it is advisable to engage a specialised inheritance law lawyer, even if no immediate proceedings are involved. We advise, litigate and can mediate if necessary.
Estate planning deals with the transfer of assets to the next generation. This transfer will happen upon death, but can also take place during life. Besides your personal wishes, tax aspects play a major role in this. If you are married or living together, the position of the surviving partner obviously plays an important role. A composite family also brings its own specific concerns. If you are an entrepreneur, it is very important to make provisions in case you die. If you have assets abroad, such as a holiday home, this also requires specific attention. Well-considered estate planning helps you to fulfil your personal wishes and can also enable you to reduce the tax burden related to the transfer of assets.
Estate planning is not only suitable for the very wealthy. It is helpful for everyone to stop and think about what to do with their assets and have a plan for that. In certain situations this can be complex, and in other cases not much is needed, but in both situations it is good to get advice on it
Are you looking for an inheritance law lawyer? You are welcome to come to our office in The Hague. Our inheritance lawyers have the right knowledge and expertise to assist you. Although our office is located in The Hague, we operate throughout the Netherlands. See below our team of relevant counsel in the field of inheritance law and estate planning.
The Inheritance Tax Act has a high exemption for the partner of the testator (for 2023, it is €680,645) and what the partners acquire by virtue of inheritance or gift is taxed at the rate for rate group I (10%/20%).