Estate settlement
Nonprofit organizations are increasingly being included in wills. As pleasing as this trend is – it does, however, mean that nonprofit organizations increasingly have to deal with inheritance law issues. This may not be problematic for larger organizations with their own probate departments. Smaller organizations, on the other hand, regularly face a major hurdle. This is because every inheritance case is different, so that the handling of inheritances and the assertion of legacies is very individual.
This is how we help you
When you appoint us as your sole/co-heir, we will handle the probate process for you if you do not have the staffing capabilities to do so.
Our offer includes in particular:
Examination of the composition of the estate
Termination of continuing obligations
Dissolution of the decedent's residence
Preparation of inheritance settlement agreements
Fulfillment of legacies
Defense against claims to a compulsory portion
In addition, we report the inheritance to the tax office on your behalf and prepare an inheritance tax return at the request of the tax office. If it subsequently transpires that the estate is in debt, we take measures to limit liability to the estate and, in particular, examine the need to initiate estate insolvency proceedings.