The Italian Civil Code establishes that succession begins immediately upon death, with heirs automatically inheriting both assets and liabilities, and it is completed with the formal devolution of the assets. Unlike some common law countries, there is no need for a probate court process in Italy. However, heirs can protect themselves from inherited debts by...Read More
The Italian Civil Code establishes that succession begins immediately upon death, with heirs automatically inheriting both assets and liabilities, and it is completed with the formal devolution of the assets. Unlike some common law countries, there is no need for a probate court process in Italy. However, heirs can protect themselves from inherited debts by...Read More
Discover the latest updates on Italian inheritance tax, including changes in 2025, new exemptions, and tax planning tips for residents and non-residents.Read More
Discover the latest updates on Italian inheritance tax, including changes in 2025, new exemptions, and tax planning tips for residents and non-residents.Read More
Facing potential inherited debt in Italy? Learn how waiving an inheritance can protect you. This guide explains the process of a waiver of succession, its legal implications, and practical steps involved in renouncing an inheritance in Italy, helping you make informed decisions.Read More
On this guide written by our estate planning lawyers, we explore the benefits of setting up a trust, the steps to take and the errors to avoid.Read More
In this comprehensive guide, we'll explore the intricacies of what happens to joint bank accounts after the death of an account holder, with a specific focus on the legal landscapes in Italy and the United Kingdom. We'll look into the concepts of survivorship, probate, inheritance laws, and the steps surviving account holders need to take...Read More
Our Italian estate management lawyers explores how to close a bank account when someone dies, the cases in which it does not fall under succession, and how the inheritance is divided among the beneficiaries.Read More
When someone dies without leaving a Will, under Italian law the following norms apply for the subdivision of the inheritance among the legitimate heirs: descendants of the deceased compete only with the spouse, excluding the ascendants; in the absence of descendants, the spouse competes with the ascendants. The following table is indicative but is non-exhaustive...Read More