Inheritance law in Austria regulates the distribution of assets after a person’s death. As an experienced lawyer in Vienna, Torsten Witt is at your side to ensure that your last will and testament can be implemented in accordance with the law.
In Austria, a will is an important instrument for organizing your estate according to your wishes. We support you in drawing up and reviewing your will in accordance with the law so that misunderstandings and often emotional disputes among the heirs are avoided. In addition to the will, there are other testamentary dispositions such as inheritance contracts or legacies that allow for specific arrangements.
If there is no will, statutory succession applies. This determines which relatives inherit in which order. In Austria, the principle of parentel order applies, which divides the heirs into different orders. We will inform you of your rights and obligations and support you in asserting your inheritance claims.
In Austria, close relatives are entitled to a compulsory portion of the inheritance, even if they were not included in the will. This compulsory portion amounts to half of the statutory inheritance share. We help you to assert or defend against claims for a compulsory portion in order to ensure a fair distribution of the estate.
Inheritance disputes can put a strain on families and require professional legal support. As a law firm specializing in inheritance law in Vienna, we are at your side during the inheritance dispute in order to reach an amicable solution. If this is not possible, we will also represent your interests in court.
The settlement of an estate can be complex and time-consuming. We take care of all the formalities in the probate process for you. In this way, we ensure that the estate is settled in accordance with the statutory provisions and your personal wishes.
Planning your estate succession during your lifetime enables you to put your assets in order before you die and avoid future inheritance disputes.
A gift is a common way of transferring assets to the next generation during one’s lifetime. In Austria, it is advisable to document gifts carefully and secure them, for example, by means of a transfer agreement. A transfer agreement ensures that the interests of both the donor and the donee are protected. We support you in drawing up and legally securing such contracts in order to avoid future conflicts.
Anticipated succession allows you to determine how your assets are to be distributed during your lifetime. This can be particularly useful for larger assets or real estate in order to take advantage of tax benefits and ensure a fair distribution. We can provide you with comprehensive advice on the legal framework and assist you with the implementation.
When transferring real estate, it is important to also regulate the right of residence and possible care arrangements. In Austria, for example, you can have the right of residence entered in the land register for yourself or other persons to ensure that you can continue to live in your property. Care agreements can also regulate which services are to be provided for your care and who is responsible for them. We can help you to legally secure these agreements.
Transferring assets during your lifetime can also bring tax advantages. We will inform you about the relevant tax regulations in Austria and help you to develop tax-optimized succession planning.
To ensure the legal certainty of your succession, it is advisable to have important contracts and agreements notarized. We work closely with notaries to ensure that your documents meet the legal requirements and are valid in the event of an emergency.
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