Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Estate planning in Eindhoven, Netherlands, refers to the preparation process for the management, distribution, and disposal of an individual's assets and liabilities in the unfortunate incidence of death or incapacitation. This process is governed by the Dutch Civil Code and the Inheritance Act. It encompasses the creation of wills and trusts, lifetime gifts, powers of attorney, and other associated legal specifics such as taxes, investments, pension rights, and possible international dimensions if you own property outside of the Netherlands.
Engaging an Estate Planning lawyer becomes crucial if you aim to have a concise and clear blueprint for managing your assets—when you want to establish a will, create a trust, set up a comprehensive estate plan, avoid or minimize inheritance tax, or handle cross-border estate matters. These issues often bring complex legal constraints that demand professional insights to navigate successfully.
The local laws of Eindhoven, Netherlands, part of Dutch law, entails that estate succession occurs lexicographically if there's no valid will. Assets get divided among surviving spouse and children, while tax liabilities must be paid within eight months post-succession. Spouses or registered partners inherit community property, and children only inherit if their parent leaves behind a will. Cross-border successions are managed by the European Succession Regulation, although Dutch nationals can opt to have Dutch laws govern their estate even if they reside elsewhere.
While not obligatory, establishing a will ensures that your assets are distributed according to your wishes. Without one, Dutch intestacy laws apply.
Your assets will be distributed in line with Dutch intestacy laws, which give preference to your spouse and children, followed by parents, siblings, and other relatives.
In case of no will, Court appoints a guardian. A will can specify your chosen guardian.
Efficient estate planning, such as bequeathing to your spouse, registered partner, or using exemptions can reduce or eliminate inheritances taxes.
Yes, you may draft a will in English. However, it's recommended to have it translated into Dutch to ensure its validity in Dutch courts.
The Dutch Government's officially website ("Rijksoverheid") provides ample resources on Estate Planning. Organizations such as "The Royal Dutch Association of Civil-law Notaries (KNB)" and "NV Estate Planners" also offer resources and professional assistance.
If you need legal assistance in Estate Planning, you could consult with an experienced Dutch Estate Planning lawyer or visit a notary office. Also, web checklists on websites like "Rijksoverheid" or "KNB" prove helpful in organizing initial steps.
