Numerous milestones and circumstances during one’s life should lead us to consider whether to seek expert assistance in making and documenting important decisions.
Births, deaths, weddings, divorces, cohabitation for more than 2 years, purchase or sale of dwelling are just some of the events that may have an impact on one’s family and hereditary affairs.
if you get married, it will affect both your and your spouse’s current assets, and it will also affect your inheritance. As a starting point, spouses share their assets as sharing wealth (previously known as joint ownership), but by creating a prenuptial agreement certain assets or parts of the property may be separate. There are different types of separate property – for example, divorce law, combination pledge and complete peculiarity – which may be relevant depending on the circumstances and one’s preferences.
If you enter marriage or you get children, it also affects your inheritance. Spouses and children are forced heirs under the inheritance law, and part of the inheritance of a testator is earmarked as a forced inheritance to go to those heirs. It is important to pay attention to this and other rules in the law of succession/ creating a will.
It can create great comfort and peace of mind for everyone in the family to get the relevant documents in place well in advance, so that clarity is ensured about the circumstances, when during a possible divorce a housing division must be made, or when deaths causes a division of property.
In terms of security, it must be understood partly regarding the time when the agreements are concluded or the will is written, but also for the survivors in the future, after a sudden death, or in the divorce moment, where promises that cannot be documented may no longer appear with a clarity, so they are recognized by the ceding party. In other words, once the damage has occurred, it can be very demanding to create a solution if the solution is not a foregone decision.
Contact Flemming Keller Hendriksen at +45 70 90 90 60 for further information.