Overseas Property News Property News Overseas Property Forum Forums Overseas Property Blog Blogs Terms & Conditions Take Down Policy Privacy Policy
About Us Authors Contact Us
Property in Australia Australia Property in Bulgaria Bulgaria Property in Brazil Brazil Caribbean Property Caribbean Property in Cyprus Cyprus Property in Dubai Dubai Property in Egypt Egypt Property in France France
Property in Germany Germany Property in Morocco Morocco Property in Portugal Portugal Property in Spain Spain Property in Turkey Turkey UK Property UK US Property US Property in the UAE UAE

Go Back   Overseas Property Investment Forum > European property > Emerging Property in Europe

Emerging Property in Europe This section of the forum aims to highlight new and emerging property markets that are opening up within Europe. Join us to discuss some of these future European property hotspots.

Frequently asked questions – Italian inheritance law

Reply
 
LinkBack Thread Tools
  #1  
Old 01-07-2009, 07:57 AM
Active Member
 
Join Date: Feb 2009
Posts: 9
Default Frequently asked questions – Italian inheritance law

I am a foreign (non Italian) citizen and I own a property in Italy. What inheritance law will apply to my Italian property?
If you own a property in Italy the applicable inheritance law will always be the Italian one independently from your nationality. This principle is defined as “lex rei sitae”, the law where the property is located.

With my Will is it possible to dispose only of some of my assets?
YES; the assets mentioned in the Will will be inherited by the heirs mentioned in the Will. The remaining Italian assets will go to the forced heirs.

Having direct relatives (ascendents and/or descendents) may I destinate part of my asset to an institution?
YES; independently from your family situation you can always destinate a part of your inheritance (the diposable one) to other parties or institutions (e.g. charity).

For married partners is it legal drafting a joint Will?
NO, WILLS ARE STRICTLY PERSONAL DEEDS. Each partner must draft an individual Will.

Are there any relatives who cannot be excluded in the Succession?
YES; relatives in direct line are entitled to a reserved quota:
Children or nephew/niece;
Parents (in absence of children)
married partner

What happens if a will violates the rights of the forced heirs?
The forced heirs may accept the Will or alternatively challenge it.

What are the rights of the married partner, the separated partner and the divorced partner?
Married partner and separated partner have exactly the same rights.
With the divorce all rights terminate.

Is it possible nominating more beneficiaries in the same Will?
YES; it is possible to nominate more beneficiaries, each one of them pro-quota (heir A 1/3, heir B 1/3, heir C 1/3) or different beneficiaries for each single asset (my beach house to heir A, my city house to heir B).

Is it possible changing my Will throughout time?
YES; it is always permitted changing or amending or revoking the WILL.

Who should I contact should I decide to draft an Italian Will?
You should contact a bilingual Italian lawyer or a bilingual Notary public.

What should I do with my Will?
You should put it under the custody of a person you trust.

Avv. Giandomenico De Tullio
Italian Law Firm - Property Lawyer - Buying Italian Property Real Estate Law Advisor - Law Firm Lawyers Puglia in ITALY

Register for free today to remove these ads and have full access to all the information on Property Community

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Reply

Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
LEGAL: Questions and Answers by an Egyptian lawyer Zeiad Yehia Egypt property 522 01-04-2010 08:47 AM
Investors against interpretation of law no 13 mohammedno11 Dubai property 212 18-12-2009 10:55 AM
Italian succession detulliolawfirm Emerging Property in Europe 0 22-06-2009 11:15 AM
Italian property buying guide detulliolawfirm Emerging Property in Europe 0 29-05-2009 02:23 PM
Italian inheritance basics detulliolawfirm Emerging Property in Europe 0 25-05-2009 02:49 PM

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS
Property Community is owned and operated by the MoveForward.com Limited group.


All times are GMT +1. The time now is 10:14 PM.

Premium Sponsors


Click Here
to become a
sponsor of the
Property Community


Please take a moment to visit some of the Property Community sponsors shown above.

SearchSearch the site

Premium Account Benefits
Premium Member Benefits
Cheap International Calls
Currency Exchange Tools

Sub Forums:

Australia Property ForumAustralia Property
Brazil Property ForumBrazil Property
Bulgaria Property ForumBulgaria Property
Dubai Property ForumCyprus Property
Dubai Property Forum
Dubai Property
Egypt Property ForumEgypt Property
French Property ForumFrench Property
German Property ForumGerman Property
Greek Property ForumGreek Property
Morocco Property ForumMorocco Property
Portugal Property ForumPortugal Property
Spanish Property ForumSpanish Property
Turkey Property ForumTurkey Property
UK Property ForumUK Property

Premium SubscriptionList Your Properties With a Premium Membership

Property News
Property Forum
Property Blog
Property For Sale
Entrepreneurs Network


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.2